Global X Robotics & Artificial Intelligence ETF (NASDAQ:BOTZ) Stock Price Up 0.2% – Still a Buy?

Global X Robotics & Artificial Intelligence ETF (NASDAQ:BOTZ) shares rose 0.2% during trading on Monday . The company traded as high as $35.51 and last traded at $35.25. Approximately 679,721 shares changed hands during mid-day trading, an increase of 0% from the average daily volume of 677,182 shares. The stock had previously closed at $35.17.

Global X Robotics & Artificial Intelligence ETF Stock Up 0.2%

The stock has a market cap of $3.01 billion, a P/E ratio of 27.41 and a beta of 1.36. The firm has a 50 day moving average price of $36.08 and a 200 day moving average price of $33.92.

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

Several large investors have recently added to or reduced their stakes in BOTZ. Triumph Capital Management purchased a new stake in shares of Global X Robotics & Artificial Intelligence ETF in the third quarter worth $210,000. Ameriprise Financial Inc. lifted its stake in shares of Global X Robotics & Artificial Intelligence ETF by 5.9% during the 3rd quarter. Ameriprise Financial Inc. now owns 467,201 shares of the company’s stock valued at $16,545,000 after buying an additional 26,116 shares in the last quarter. Legacy Financial Advisors Inc. bought a new position in Global X Robotics & Artificial Intelligence ETF in the 3rd quarter worth $378,000. Alteri Wealth LLC increased its stake in Global X Robotics & Artificial Intelligence ETF by 18.5% in the 3rd quarter. Alteri Wealth LLC now owns 20,080 shares of the company’s stock worth $711,000 after buying an additional 3,139 shares in the last quarter. Finally, Rossby Financial LCC raised its holdings in Global X Robotics & Artificial Intelligence ETF by 769.5% during the third quarter. Rossby Financial LCC now owns 826 shares of the company’s stock valued at $29,000 after acquiring an additional 731 shares during the period.

About Global X Robotics & Artificial Intelligence 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.