Fisher Asset Management LLC Cuts Stock Position in Global X FinTech Thematic ETF (NASDAQ:FINX)

Fisher Asset Management LLC lessened its stake in Global X FinTech Thematic ETF (NASDAQ:FINX) by 33.9% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 25,456 shares of the company’s stock after selling 13,029 shares during the period. Fisher Asset Management LLC owned 0.17% of Global X FinTech Thematic ETF worth $651,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently added to or reduced their stakes in FINX. Mirae Asset Global Investments Co. Ltd. grew its stake in Global X FinTech Thematic ETF by 50.4% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 332,067 shares of the company’s stock valued at $8,491,000 after purchasing an additional 111,280 shares during the last quarter. MONECO Advisors LLC purchased a new stake in shares of Global X FinTech Thematic ETF during the fourth quarter worth about $1,947,000. UBS Group AG grew its stake in shares of Global X FinTech Thematic ETF by 22.5% during the third quarter. UBS Group AG now owns 352,819 shares of the company’s stock worth $7,106,000 after acquiring an additional 64,727 shares during the last quarter. Kingsview Wealth Management LLC purchased a new stake in shares of Global X FinTech Thematic ETF during the fourth quarter worth about $1,143,000. Finally, Cox Capital Mgt LLC purchased a new stake in shares of Global X FinTech Thematic ETF during the fourth quarter worth about $1,068,000.

Global X FinTech Thematic ETF Stock Performance

Shares of FINX stock opened at $25.02 on Monday. Global X FinTech Thematic ETF has a fifty-two week low of $18.17 and a fifty-two week high of $27.97. The firm has a market capitalization of $312.75 million, a price-to-earnings ratio of 29.40 and a beta of 1.35. The stock’s 50-day simple moving average is $25.48 and its 200-day simple moving average is $25.52.

About Global X FinTech Thematic ETF

The Global X FinTech ETF (FINX) is an exchange-traded fund that is based on the Indxx Global Fintech Thematic index, a market-cap-weighted index of companies in developed markets that derive significant revenues from providing financial technology products and services. FINX was launched on Sep 12, 2016 and is managed by Global X.