Financial Freedom LLC Has $2.39 Million Stock Position in Global X Future Analytics Tech ETF (NASDAQ:AIQ)

Posted by William Tyler on Nov 2nd, 2024

Financial Freedom LLC lowered its position in shares of Global X Future Analytics Tech ETF (NASDAQ:AIQ – Free Report) by 5.0% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 64,362 shares of the technology ETF’s stock after selling 3,400 shares during the quarter. Global X Future Analytics Tech ETF accounts for about 1.3% of Financial Freedom LLC’s holdings, making the stock its 23rd largest position. Financial Freedom LLC owned approximately 0.11% of Global X Future Analytics Tech ETF worth $2,392,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in the company. Whittier Trust Co. of Nevada Inc. boosted its position in Global X Future Analytics Tech ETF by 122.3% during the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 1,174 shares of the technology ETF’s stock worth $40,000 after acquiring an additional 646 shares during the period. Grove Bank & Trust purchased a new position in Global X Future Analytics Tech ETF during the third quarter valued at approximately $54,000. First Community Trust NA increased its stake in Global X Future Analytics Tech ETF by 96.2% in the 3rd quarter. First Community Trust NA now owns 2,600 shares of the technology ETF’s stock valued at $97,000 after buying an additional 1,275 shares during the period. Concourse Financial Group Securities Inc. lifted its position in Global X Future Analytics Tech ETF by 89.8% in the 1st quarter. Concourse Financial Group Securities Inc. now owns 2,800 shares of the technology ETF’s stock worth $95,000 after buying an additional 1,325 shares in the last quarter. Finally, Larson Financial Group LLC purchased a new position in shares of Global X Future Analytics Tech ETF during the 2nd quarter valued at $111,000. Hedge funds and other institutional investors own 27.02% of the company’s stock.

Global X Future Analytics Tech ETF Price Performance

Shares of Global X Future Analytics Tech ETF stock opened at $36.93 on Friday. The stock has a 50-day simple moving average of $36.29 and a 200-day simple moving average of $35.05. Global X Future Analytics Tech ETF has a 52-week low of $26.92 and a 52-week high of $38.19. The firm has a market cap of $2.24 billion, a price-to-earnings ratio of -217.24 and a beta of 1.13.