Global X Robotics & Artificial Intelligence ETF (NASDAQ:BOTZ) Sets New 1-Year High – Should You Buy?

Global X Robotics & Artificial Intelligence ETF (NASDAQ:BOTZ) reached a new 52-week high on Wednesday . The stock traded as high as $39.86 and last traded at $39.84, with a volume of 618067 shares changing hands. The stock had previously closed at $38.75.

Global X Robotics & Artificial Intelligence ETF Stock Up 2.9%

The company’s 50 day moving average price is $36.03 and its two-hundred day moving average price is $36.56. The firm has a market cap of $3.60 billion, a PE ratio of 27.41 and a beta of 1.46.

Institutional Investors Weigh In On Global X Robotics & Artificial Intelligence ETF

Institutional investors and hedge funds have recently modified their holdings of the business. AdvisorNet Financial Inc grew its position in Global X Robotics & Artificial Intelligence ETF by 10.2% in the 1st quarter. AdvisorNet Financial Inc now owns 3,001 shares of the company’s stock valued at $100,000 after acquiring an additional 279 shares during the last quarter. Parallel Advisors LLC grew its position in Global X Robotics & Artificial Intelligence ETF by 14.1% in the 4th quarter. Parallel Advisors LLC now owns 2,296 shares of the company’s stock valued at $83,000 after acquiring an additional 284 shares during the last quarter. Advantage Trust Co grew its position in Global X Robotics & Artificial Intelligence ETF by 3.0% in the 1st quarter. Advantage Trust Co now owns 10,376 shares of the company’s stock valued at $345,000 after acquiring an additional 300 shares during the last quarter. Rossby Financial LCC grew its position in Global X Robotics & Artificial Intelligence ETF by 63.3% in the 4th quarter. Rossby Financial LCC now owns 1,349 shares of the company’s stock valued at $49,000 after acquiring an additional 523 shares during the last quarter. Finally, Root Financial Partners LLC bought a new position in Global X Robotics & Artificial Intelligence ETF in the 3rd quarter valued at $27,000.

Global X Robotics & Artificial Intelligence ETF Company Profile

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.