Global X FinTech ETF Target of Unusually Large Options Trading (NASDAQ:FINX)

Global X FinTech ETF (NASDAQ:FINX) was the target of unusually large options trading on Wednesday. Investors purchased 2,021 put options on the company. This is an increase of 5,218% compared to the typical daily volume of 38 put options.

Institutional investors have recently made changes to their positions in the stock. Strategic Wealth Management Inc. boosted its stake in Global X FinTech ETF by 9.1% in the third quarter. Strategic Wealth Management Inc. now owns 36,586 shares of the company’s stock valued at $1,757,000 after acquiring an additional 3,050 shares during the period. Colony Group LLC acquired a new position in shares of Global X FinTech ETF during the third quarter worth approximately $748,000. Captrust Financial Advisors boosted its position in shares of Global X FinTech ETF by 73.0% during the third quarter. Captrust Financial Advisors now owns 12,765 shares of the company’s stock worth $613,000 after buying an additional 5,385 shares during the period. Cetera Investment Advisers boosted its position in shares of Global X FinTech ETF by 15.5% during the third quarter. Cetera Investment Advisers now owns 12,636 shares of the company’s stock worth $607,000 after buying an additional 1,693 shares during the period. Finally, Cetera Advisors LLC boosted its position in shares of Global X FinTech ETF by 16.5% during the third quarter. Cetera Advisors LLC now owns 8,554 shares of the company’s stock worth $411,000 after buying an additional 1,214 shares during the period.

Shares of Global X FinTech ETF stock opened at $46.82 on Friday. Global X FinTech ETF has a fifty-two week low of $40.63 and a fifty-two week high of $53.07. The business has a 50-day moving average price of $50.00 and a 200 day moving average price of $48.27.

Recommended Story: Bar Chart

Receive News & Ratings for Global X FinTech ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Global X FinTech ETF and related companies with MarketBeat.com's FREE daily email newsletter.