Stonebridge Dumps 308,000 AIQ Shares Worth $15.6 Million

Core Insights - Stonebridge Financial Group, LLC sold 308,055 shares of the Global X Artificial Intelligence & Technology ETF (NASDAQ:AIQ) for an estimated transaction value of $15.65 million, reflecting a significant reduction in their position in the fund [2][3][7] ETF Overview - The Global X Artificial Intelligence & Technology ETF had an AUM of 0.02% as of January 20, 2026, with a price of $50.94, a dividend yield of 0.18%, and a 1-year total return of 29.09% [5][8] Transaction Details - The value of Stonebridge's AIQ position decreased by $15.21 million due to share sales and price movements, with the transaction representing 1.34% of Stonebridge's 13F reportable AUM [3][7] - Post-sale, Stonebridge holds 4,534 shares valued at $230,579, and the AIQ stake fell from 1.36% to 0.02% of AUM, moving it outside the fund's top five holdings [7][8] Implications for Investors - The near exit from the Artificial Intelligence & Technology ETF by Stonebridge is notable, especially since it was a top 20 holding in Q3, indicating a potential shift in investment strategy [10] - The fund's continued significant positions in major tech companies like Apple and Microsoft suggest ongoing confidence in the technology sector despite the reduction in AIQ holdings [10] Investment Strategy - The ETF focuses on companies engaged in artificial intelligence and big data, aiming to replicate the performance of a specialized underlying index, with at least 80% of assets allocated to index constituents [11]