LPL Financial LLC Sells 22,514 Shares in Global X FinTech ETF (NASDAQ:FINX)

by James · May 17, 2023

LPL Financial LLC trimmed its holdings in shares of Global X FinTech ETF (NASDAQ:FINX – Get Rating ) by 8.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 230,894 shares of the company’s stock after selling 22,514 shares during the period. LPL Financial LLC owned about 1.15% of Global X FinTech ETF worth $4,445,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in FINX. TPB Wealth Advisors boosted its holdings in Global X FinTech ETF by 497.6% during the third quarter. TPB Wealth Advisors now owns 828,335 shares of the company’s stock worth $17,106,000 after buying an additional 689,727 shares during the last quarter. Fisher Asset Management LLC boosted its holdings in Global X FinTech ETF by 173.5% during the third quarter. Fisher Asset Management LLC now owns 568,117 shares of the company’s stock worth $11,521,000 after purchasing an additional 360,380 shares during the last quarter. Jane Street Group LLC boosted its holdings in Global X FinTech ETF by 246.6% during the third quarter. Jane Street Group LLC now owns 369,995 shares of the company’s stock worth $7,503,000 after buying an additional 263,254 shares during the last quarter. First Republic Investment Management Inc. boosted its holdings in Global X FinTech ETF by 107.3% during the third quarter. First Republic Investment Management Inc. now owns 245,423 shares of the company’s stock worth $4,977,000 after buying an additional 127,035 shares during the last quarter. Finally, Professional Advisory Services Inc. bought a new position in Global X FinTech ETF during the fourth quarter worth about $1,621,000.

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Global X FinTech ETF stock performance

Global X FinTech ETF stock opened at $20.18 on Wednesday. Global X FinTech ETF has a fifty-two week low of $18.35 and a fifty-two week high of $27.42. The stock has a market cap of $387.25 million, a PE ratio of 31.69 and a beta of 1.35. The firm’s 50-day simple moving average is $20.57 and its 200-day simple moving average is $20.96.

About the Global X FinTech ETF

(Get rating)

The Global X FinTech ETF (FINX) is an exchange-traded fund based on the Indxx Global Fintech Thematic Index, a market capitalization-weighted index of companies in developed markets that derive significant revenues from providing financial technology products and services. FINX was launched on September 12, 2016 and is managed by Global X.

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