Global X Robotics & Artificial Intelligence Thematic ETF (NASDAQ:BOTZ) Hits New 12-Month High – Here’s Why

Global X Robotics & Artificial Intelligence Thematic ETF (NASDAQ:BOTZ)’s share price reached a new 52-week high during trading on Friday . The stock traded as high as $33.61 and last traded at $33.57, with a volume of 135201 shares traded. The stock had previously closed at $33.54.

Global X Robotics & Artificial Intelligence Thematic ETF Stock Performance

The company has a 50-day simple moving average of $31.45 and a 200-day simple moving average of $31.04. The stock has a market cap of $2.69 billion, a P/E ratio of 42.68 and a beta of 1.25.

Hedge Funds Weigh In On Global X Robotics & Artificial Intelligence Thematic ETF

Several institutional investors have recently bought and sold shares of BOTZ. BNP Paribas Financial Markets raised its position in shares of Global X Robotics & Artificial Intelligence Thematic ETF by 46.7% during the first quarter. BNP Paribas Financial Markets now owns 64,434 shares of the company’s stock worth $2,050,000 after acquiring an additional 20,512 shares during the last quarter. Janney Montgomery Scott LLC raised its position in shares of Global X Robotics & Artificial Intelligence Thematic ETF by 51.3% during the first quarter. Janney Montgomery Scott LLC now owns 21,098 shares of the company’s stock worth $671,000 after acquiring an additional 7,153 shares during the last quarter. Cambridge Investment Research Advisors Inc. raised its position in shares of Global X Robotics & Artificial Intelligence Thematic ETF by 13.8% during the second quarter. Cambridge Investment Research Advisors Inc. now owns 156,515 shares of the company’s stock worth $4,828,000 after acquiring an additional 18,974 shares during the last quarter. Transatlantique Private Wealth LLC acquired a new stake in shares of Global X Robotics & Artificial Intelligence Thematic ETF during the second quarter worth $228,000. Finally, Archford Capital Strategies LLC grew its stake in shares of Global X Robotics & Artificial Intelligence Thematic ETF by 30.6% during the second quarter. Archford Capital Strategies LLC now owns 23,595 shares of the company’s stock worth $728,000 after purchasing an additional 5,525 shares during the period.

About Global X Robotics & Artificial Intelligence Thematic ETF

The Global X Robotics & Artificial Intelligence ETF (BOTZ) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund provides market- cap selected and weighted exposure to companies involved in the development and production of robots or artificial intelligence. BOTZ was launched on Sep 12, 2016 and is managed by Global X.