Pinnacle Wealth Management Advisory Group LLC Makes New Investment in Xtrackers Artificial Intelligence and Big Data ETF $XAIX

Pinnacle Wealth Management Advisory Group LLC bought a new position in Xtrackers Artificial Intelligence and Big Data ETF (NASDAQ:XAIX) in the 3rd quarter, Holdings Channel reports. The firm bought 20,625 shares of the company’s stock, valued at approximately $856,000.

Separately, Wedgewood Investors Inc. PA bought a new stake in Xtrackers Artificial Intelligence and Big Data ETF during the 2nd quarter valued at $261,000.

Xtrackers Artificial Intelligence and Big Data ETF Price Performance

Shares of NASDAQ XAIX opened at $42.90 on Friday. Xtrackers Artificial Intelligence and Big Data ETF has a 1-year low of $26.95 and a 1-year high of $44.82. The business has a fifty day moving average price of $42.68 and a 200 day moving average price of $40.61. The stock has a market capitalization of $87.52 million, a P/E ratio of 24.06 and a beta of 1.34.

Xtrackers Artificial Intelligence and Big Data ETF Announces Dividend

The company also recently declared a dividend, which was paid on Monday, December 29th. Stockholders of record on Friday, December 19th were issued a $0.1225 dividend. The ex-dividend date was Friday, December 19th.

Xtrackers Artificial Intelligence and Big Data ETF Profile

The Xtrackers Artificial Intelligence and Big Data ETF (XAIX) is an exchange-traded fund that is based on the Nasdaq Global AI and Big Data index. The fund tracks a market cap-weighted index of companies with exposure to the broad theme of artificial intelligence and big data. The funds selection process considers its tie to specific sub-themes and various factors. XAIX was launched on Aug 2, 2024 and is issued by Xtrackers.