Modern Wealth Management LLC Takes Position in Global X Internet of Things Thematic ETF (NASDAQ:SNSR)

Modern Wealth Management LLC acquired a new position in Global X Internet of Things Thematic ETF (NASDAQ:SNSR) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 620,872 shares of the company’s stock, valued at approximately $22,420,000. Global X Internet of Things Thematic ETF comprises about 0.8% of Modern Wealth Management LLC’s portfolio, making the stock its 28th biggest position. Modern Wealth Management LLC owned about 0.10% of Global X Internet of Things Thematic ETF as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. HighTower Advisors LLC lifted its position in shares of Global X Internet of Things Thematic ETF by 7.4% during the fourth quarter. HighTower Advisors LLC now owns 23,560 shares of the company’s stock worth $822,000 after acquiring an additional 1,622 shares in the last quarter. Raymond James Financial Inc. bought a new stake in shares of Global X Internet of Things Thematic ETF during the 4th quarter valued at $2,367,000. Atria Wealth Solutions Inc. lifted its holdings in Global X Internet of Things Thematic ETF by 96.2% during the 4th quarter. Atria Wealth Solutions Inc. now owns 11,864 shares of the company’s stock worth $415,000 after purchasing an additional 5,818 shares in the last quarter. Apollon Wealth Management LLC bought a new position in Global X Internet of Things Thematic ETF in the 4th quarter worth about $609,000. Finally, Mirae Asset Global Investments Co. Ltd. grew its holdings in Global X Internet of Things Thematic ETF by 15.9% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 77,000 shares of the company’s stock valued at $2,691,000 after buying an additional 10,540 shares in the last quarter.

Global X Internet of Things Thematic ETF Trading Up 2.3 %

Shares of NASDAQ:SNSR opened at $34.96 on Tuesday. The company has a 50 day moving average of $35.77 and a 200 day moving average of $35.29. The stock has a market cap of $226.89 million, a P/E ratio of 25.57 and a beta of 1.24. Global X Internet of Things Thematic ETF has a 12 month low of $30.98 and a 12 month high of $38.54.

Global X Internet of Things Thematic ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, January 7th. Investors of record on Monday, December 30th were given a $0.1814 dividend. The ex-dividend date was Monday, December 30th.

Global X Internet of Things Thematic ETF Profile

The Global X Internet of Things ETF (SNSR) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a market-cap-weighted index composed of developed market companies that facilitate the Internet of Things industry. SNSR was launched on Sep 12, 2016 and is managed by Global X.