(NEW YORK)–Global X Robotics & Artificial Intelligence ETF (NASDAQ:BOTZ) hit a new record high this week as demand for AI stocks continues to grow.
The Global X Robotics & Artificial Intelligence ETF (BOTZ), which tracks the artificial intelligence and robotics sector, hit another new 52-week high this week before closing out the wek at $20.02 per share.
Nearly half of the 29 stocks in BOTZ are composed of Japanese companies, followed by stocks in the U.S. and Switzerland. The top holdings of BOTZ include Intuitive Surgical (NASDAQ:ISRG), Mitsubishi Electric (OTCMKTS:MIELY), Nvidia (NASDAQ:NVDA), and Keyence (OTCMKTS:KYCCF) just to name a few.
Investors continue to increase their interest in artificial intelligence as indicated by BOTZ assets under management leaped from $1.5 million at its launch in September 2016, to now around $236 million in August 2017.
AI Investor Newsletter
One firm, AI VentureTech, which is located in New York City, has started a venture firm specifically focus on investment opportunities in start-ups in the area of artificial intelligence and machine learning. They are forming a network of investors who have interest in new investment opportunities in this emerging industry.
To join their investment newsletter for the AI and machine learning sector please register at http://aiventuretech.com/investors/
About AI VentureTech
AI VentureTech is a technology accelerator that provides consulting and financial advisory services to start-ups in the areas of business analytics, data mining, machine learning, artificial intelligence, visualization tools, predictive modeling, and cloud advanced analysis. AI VentureTech is a growing network of funds, family offices, and financial institutions dedicated to supporting projects within this emerging technology sector. www.aiventuretech.com
About Global X Robotics & Artificial Intelligence ETF
The Global X Robotics & Artificial Intelligence ETF (BOTZ) seeks to invest in companies that potentially stand to benefit from increased adoption and utilization of robotics and artificial intelligence (AI), including those involved with industrial robotics and automation, non-industrial robots, and autonomous vehicles. https://www.globalxfunds.com/funds/botz/
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