Armstrong Advisory Group Inc. Buys 552 Shares of Global X Future Analytics Tech ETF (NASDAQ:AIQ)

Armstrong Advisory Group Inc. increased its stake in Global X Future Analytics Tech ETF (NASDAQ:AIQ) by 4.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 12,135 shares of the technology ETF’s stock after purchasing an additional 552 shares during the quarter. Armstrong Advisory Group Inc.’s holdings in Global X Future Analytics Tech ETF were worth $469,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Envestnet Asset Management Inc. raised its stake in shares of Global X Future Analytics Tech ETF by 118.2% in the second quarter. Envestnet Asset Management Inc. now owns 579,410 shares of the technology ETF’s stock valued at $20,644,000 after buying an additional 313,914 shares during the period. Renaissance Technologies LLC purchased a new stake in Global X Future Analytics Tech ETF in the 2nd quarter worth about $365,000. Axxcess Wealth Management LLC raised its stake in Global X Future Analytics Tech ETF by 22.8% in the 2nd quarter. Axxcess Wealth Management LLC now owns 24,830 shares of the technology ETF’s stock valued at $885,000 after acquiring an additional 4,607 shares during the period. L & S Advisors Inc purchased a new stake in Global X Future Analytics Tech ETF during the second quarter valued at about $326,000. Finally, Mercer Global Advisors Inc. ADV boosted its position in Global X Future Analytics Tech ETF by 8.7% during the second quarter. Mercer Global Advisors Inc. ADV now owns 6,702 shares of the technology ETF’s stock worth $239,000 after purchasing an additional 534 shares during the period. Hedge funds and other institutional investors own 27.02% of the company’s stock.

Global X Future Analytics Tech ETF Stock Up 2.3 %

NASDAQ AIQ opened at $38.97 on Thursday. The firm has a market cap of $2.69 billion, a P/E ratio of -229.24 and a beta of 1.13. The company’s 50 day moving average is $39.09 and its 200-day moving average is $36.96. Global X Future Analytics Tech ETF has a 12-month low of $30.01 and a 12-month high of $40.65.

Global X Future Analytics Tech ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Tuesday, January 7th. Shareholders of record on Monday, December 30th were issued a dividend of $0.0109 per share. The ex-dividend date of this dividend was Monday, December 30th. Global X Future Analytics Tech ETF’s payout ratio is -29.41%.

Global X Future Analytics Tech ETF Profile

Global X Artificial Intelligence & Technology ETF