Apollon Wealth Management LLC Has $546,000 Stock Position in Global X Internet of Things ETF (NASDAQ:SNSR)

Apollon Wealth Management LLC lowered its stake in Global X Internet of Things ETF (NASDAQ:SNSR) by 5.0% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 16,571 shares of the company’s stock after selling 879 shares during the quarter. Apollon Wealth Management LLC’s holdings in Global X Internet of Things ETF were worth $546,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of SNSR. Raymond James Financial Inc. acquired a new position in Global X Internet of Things ETF during the fourth quarter worth approximately $2,367,000. HighTower Advisors LLC increased its position in Global X Internet of Things ETF by 7.4% during the fourth quarter. HighTower Advisors LLC now owns 23,560 shares of the company’s stock worth $822,000 after buying an additional 1,622 shares during the last quarter. Modern Wealth Management LLC acquired a new position in Global X Internet of Things ETF during the fourth quarter worth approximately $22,420,000. Summit Financial LLC acquired a new position in Global X Internet of Things ETF during the fourth quarter worth approximately $322,000. Finally, Advisory Services Network LLC increased its position in Global X Internet of Things ETF by 4.8% during the fourth quarter. Advisory Services Network LLC now owns 6,120 shares of the company’s stock worth $214,000 after buying an additional 283 shares during the last quarter.

Global X Internet of Things ETF Trading Up 0.3%

Global X Internet of Things ETF stock opened at $38.64 on Friday. Global X Internet of Things ETF has a 12 month low of $26.78 and a 12 month high of $38.91. The stock’s 50 day moving average is $36.79 and its 200-day moving average is $35.03. The company has a market capitalization of $229.14 million, a price-to-earnings ratio of 26.18 and a beta of 1.24.

Global X Internet of Things ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Monday, July 7th. Stockholders of record on Friday, June 27th were given a $0.0504 dividend. The ex-dividend date of this dividend was Friday, June 27th.

About Global X Internet of Things ETF

The Global X Internet of Things ETF (SNSR) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a market-cap-weighted index composed of developed market companies that facilitate the Internet of Things industry. SNSR was launched on Sep 12, 2016 and is managed by Global X.