Global X FinTech ETF $FINX Shares Acquired by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. grew its stake in Global X FinTech ETF (NASDAQ:FINX) by 14,063.5% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 96,312 shares of the company’s stock after buying an additional 95,632 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in Global X FinTech ETF were worth $2,834,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Legacy Financial Advisors Inc. lifted its holdings in shares of Global X FinTech ETF by 28.8% in the 4th quarter. Legacy Financial Advisors Inc. now owns 11,355 shares of the company’s stock valued at $334,000 after buying an additional 2,542 shares during the period. RFG Advisory LLC lifted its holdings in shares of Global X FinTech ETF by 7.6% in the 4th quarter. RFG Advisory LLC now owns 24,698 shares of the company’s stock valued at $727,000 after buying an additional 1,750 shares during the period. Sanctuary Advisors LLC lifted its holdings in shares of Global X FinTech ETF by 172.7% in the 4th quarter. Sanctuary Advisors LLC now owns 32,267 shares of the company’s stock valued at $950,000 after buying an additional 20,435 shares during the period. Moran Wealth Management LLC lifted its holdings in shares of Global X FinTech ETF by 58.4% in the 4th quarter. Moran Wealth Management LLC now owns 52,415 shares of the company’s stock valued at $1,543,000 after buying an additional 19,334 shares during the period. Finally, Mirae Asset Global Investments Co. Ltd. lifted its holdings in shares of Global X FinTech ETF by 74.8% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 90,000 shares of the company’s stock valued at $2,649,000 after buying an additional 38,500 shares during the period.

Global X FinTech ETF Price Performance

Shares of FINX stock opened at $24.82 on Tuesday. The stock has a market cap of $187.89 million, a PE ratio of 31.36 and a beta of 1.54. The business has a 50-day simple moving average of $24.64 and a 200-day simple moving average of $26.93. Global X FinTech ETF has a 52-week low of $22.08 and a 52-week high of $35.58.

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.