Mirae Asset Global Investments Co. Ltd. Buys 38,500 Shares of Global X FinTech ETF $FINX

Mirae Asset Global Investments Co. Ltd. grew its stake in shares of Global X FinTech ETF (NASDAQ:FINX) by 74.8% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 90,000 shares of the company’s stock after acquiring an additional 38,500 shares during the quarter. Mirae Asset Global Investments Co. Ltd.’s holdings in Global X FinTech ETF were worth $2,649,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of FINX. NewEdge Advisors LLC lifted its holdings in shares of Global X FinTech ETF by 51.4% during the 1st quarter. NewEdge Advisors LLC now owns 1,157 shares of the company’s stock valued at $32,000 after purchasing an additional 393 shares in the last quarter. Banque Cantonale Vaudoise bought a new position in shares of Global X FinTech ETF during the 3rd quarter valued at about $73,000. Toth Financial Advisory Corp bought a new position in shares of Global X FinTech ETF during the 4th quarter valued at about $179,000. BAM Wealth Management LLC bought a new position in shares of Global X FinTech ETF during the 3rd quarter valued at about $219,000. Finally, Sei Investments Co. bought a new position in shares of Global X FinTech ETF during the 2nd quarter valued at about $228,000.

Global X FinTech ETF Price Performance

NASDAQ:FINX opened at $26.60 on Thursday. Global X FinTech ETF has a fifty-two week low of $22.08 and a fifty-two week high of $35.58. The stock has a market capitalization of $201.36 million, a PE ratio of 31.36 and a beta of 1.58. The business’s 50-day simple moving average is $24.17 and its 200-day simple moving average is $28.25.

About Global X FinTech 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.