MML Investors Services LLC Raises Stock Position in Global X FinTech Thematic ETF (NASDAQ:FINX)

MML Investors Services LLC grew its position in Global X FinTech Thematic ETF (NASDAQ:FINX) by 15.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 12,263 shares of the company’s stock after buying an additional 1,648 shares during the period. MML Investors Services LLC owned 0.13% of Global X FinTech Thematic ETF worth $344,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in FINX. Eagle Strategies LLC purchased a new position in shares of Global X FinTech Thematic ETF during the 2nd quarter worth $1,439,000. Cetera Investment Advisers boosted its stake in Global X FinTech Thematic ETF by 94.8% during the second quarter. Cetera Investment Advisers now owns 48,481 shares of the company’s stock worth $1,220,000 after buying an additional 23,596 shares during the period. PVG Asset Management Corp acquired a new stake in shares of Global X FinTech Thematic ETF during the second quarter valued at about $310,000. Dynamic Advisor Solutions LLC purchased a new stake in shares of Global X FinTech Thematic ETF in the 3rd quarter valued at approximately $905,000. Finally, Mirae Asset Global Investments Co. Ltd. lifted its holdings in shares of Global X FinTech Thematic ETF by 5,742.0% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 78,400 shares of the company’s stock worth $2,202,000 after acquiring an additional 77,058 shares during the last quarter.

Global X FinTech Thematic ETF Stock Performance

NASDAQ:FINX opened at $32.54 on Wednesday. The stock has a market capitalization of $313.03 million, a P/E ratio of 29.40 and a beta of 1.35. Global X FinTech Thematic ETF has a fifty-two week low of $23.44 and a fifty-two week high of $34.43. The company has a 50 day moving average price of $31.85 and a 200 day moving average price of $28.30.

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.