Mcmillion Capital Management Inc. recently reduced its holdings in Global X Robotics & Artificial Intelligence Thematic ETF (NASDAQ:BOTZ) by 9.1% during the second quarter, according to a report from Holdings Channel.com. The company now owns 24,681 shares of the ETF’s stock, representing a value of $709,000 as of its most recent filing with the SEC.
This move by Mcmillion Capital Management Inc. reflects a growing trend among hedge funds and institutional investors, who have been adjusting their stakes in the Global X Robotics & Artificial Intelligence Thematic ETF. The ETF has attracted attention due to its focus on companies involved in the development and production of robots and artificial intelligence (AI).
Investing in the Global X Robotics & Artificial Intelligence Thematic ETF offers exposure to a specialized segment of the market that holds significant potential. The fund, managed by Global X, provides market-cap selected and weighted exposure to companies that are at the forefront of robotics and AI advancements.
While the ETF currently faces some challenges, including a recent decline in price, it remains an attractive investment option for those who believe in the long-term growth prospects of robotics and AI technology. The ETF’s one-year low of $19.40 and one-year high of $30.26 demonstrate the volatility of the market, but also the potential for substantial returns.
Investors interested in learning more about the Global X Robotics & Artificial Intelligence Thematic ETF can explore the latest 13F filings and insider trades on HoldingsChannel.com, which provides comprehensive data on hedge fund activity and investments.
As the demand for robotics and AI continues to rise across industries, the Global X Robotics & Artificial Intelligence Thematic ETF offers a unique opportunity for investors to gain exposure to this exciting and rapidly evolving sector. With an experienced management team and a portfolio of companies driving innovation, the ETF is positioned to capitalize on the transformative power of robotics and AI technology.
FAQ:
Q: What is the Global X Robotics & Artificial Intelligence Thematic ETF?
A: The Global X Robotics & Artificial Intelligence Thematic ETF is an exchange-traded fund that invests in companies involved in robotics and artificial intelligence.
Q: What is the market cap of the Global X Robotics & Artificial Intelligence Thematic ETF?
A: The ETF currently has a market cap of $2.03 billion.
Q: Who manages the Global X Robotics & Artificial Intelligence Thematic ETF?
A: The ETF is managed by Global X.
Q: Where can I find more information about holdings and insider trades of the Global X Robotics & Artificial Intelligence Thematic ETF?
A: HoldingsChannel.com provides the latest 13F filings and insider trades for the ETF.