Modern Wealth Management LLC Has $20.81 Million Stock Position in Global X Internet of Things ETF $SNSR

Modern Wealth Management LLC lessened its stake in shares of Global X Internet of Things ETF (NASDAQ:SNSR) by 23.6% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 553,128 shares of the company’s stock after selling 171,332 shares during the quarter. Modern Wealth Management LLC owned about 11.27% of Global X Internet of Things ETF worth $20,806,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. MWA Asset Management bought a new stake in Global X Internet of Things ETF in the 1st quarter valued at about $45,000. Cetera Investment Advisers raised its stake in Global X Internet of Things ETF by 4.1% during the 1st quarter. Cetera Investment Advisers now owns 12,430 shares of the company’s stock worth $463,000 after buying an additional 485 shares during the period. HB Wealth Management LLC acquired a new position in Global X Internet of Things ETF during the 1st quarter worth approximately $207,000. Moran Wealth Management LLC boosted its holdings in Global X Internet of Things ETF by 5.7% in the first quarter. Moran Wealth Management LLC now owns 48,603 shares of the company’s stock worth $1,811,000 after acquiring an additional 2,603 shares in the last quarter. Finally, Rockefeller Capital Management L.P. boosted its holdings in Global X Internet of Things ETF by 27.9% in the fourth quarter. Rockefeller Capital Management L.P. now owns 1,997 shares of the company’s stock worth $74,000 after acquiring an additional 436 shares in the last quarter.

Global X Internet of Things ETF Stock Performance

Shares of Global X Internet of Things ETF stock opened at $45.38 on Friday. The stock has a market capitalization of $216.92 million, a PE ratio of 26.18 and a beta of 1.35. Global X Internet of Things ETF has a 52 week low of $34.20 and a 52 week high of $53.80. The stock has a 50 day moving average price of $49.17 and a two-hundred day moving average price of $43.19.

Global X Internet of Things ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Tuesday, July 7th. Investors of record on Monday, June 29th were issued a $0.0798 dividend. The ex-dividend date was Monday, June 29th.

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.