(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/
Phone: (347) 483-0121
This is NOT a solicitation to Buy or Sell any security, but rather is for informational purposes only. Content contained herein includes facts, views, opinions and recommendations of individuals and organizations deemed of interest. Wall Street Newscast (“WSNC”) does not guarantee the accuracy, completeness or timeliness of, or otherwise endorse these views, opinions or recommendations, or give investment advice. WSNC, its affiliates, or directors, may or may not hold a position in the above security from time to time, and investors are encourage to consider this as a possible conflict of interest when reviewing this information. In Compliance with SEC Rule 17B Wall Street Newscast was not compensated for ongoing media advisory services. WSNC, or its affiliates, may hold a position in above securities from time to time, and thus should be considered a possible conflict of interest when reviewing this report and information. These investments may involve a high degree of risk, thus investors are highly encouraged to consult with a financial advisor before any and all investments.
Safe Harbor Statements:
This website includes statements that may constitute forward-looking statements made pursuant to the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Although the Company believes that the
expectations reflected in such forward-looking statements are based on reasonable assumptions, such statements are subject to risks and uncertainties that could cause actual results to differ materially from those projected.
Small and Micro cap, or ‘penny stocks’, involve a high degree of risk, and we highly encourage investors to consult with a financial advisor before making any and all investment decisions when investing in these type of securities.
- 4 Face Mask Stocks to Trade in COVID-19 Outbreak - July 22, 2020
- Dynavax (DVAX) Receives $27M Vaccine Purchase Order from CDC - July 1, 2020
- As COVID-19 Cases Spike Look to PPE Stocks: $LAKE $APT $GTXO - June 15, 2020
- Spike in COVID Cases May Spell Risk Off for Overvalued Stocks and Markets - June 7, 2020
- Riot Blockchain (RIOT) a Hedge on Inflation as Bitcoin Rallies - May 13, 2020
- Stock Valuations Could Set Stage for Potential Bubble Burst - May 9, 2020
- Centennial Resource (CDEV) Boosts Liquidity $468M as WTI Crude Breaks Above $20 Barrel - May 4, 2020
- Companies Should Prepare IT Spending to Thrive in New Normal - April 16, 2020
- Great Elm Capital (GEC) Provides Ventilators and Respiratory Care Equipment - April 15, 2020
- FujiFilm (FUJIY) to Ramp Up Production of Avigan for Treatment of COVID19 - April 15, 2020