Insider filing report for Changes in Beneficial Ownership
- Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
- Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
- Peter Lynch
What is insider trading>>
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
Global X Fintech Thematic ETF
(Name of Issuer)
Exchange-Traded Fund
(Title of Class of Securities)
37954Y814
(CUSIP Number)
December 31, 2022
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
☒ Rule 13d-1(b)
☐ Rule 13d-1(c)
☐ Rule 13d-1(d)
| CUSIP No. 37954Y814 | Page 1 of 8 Pages |
| 1) |
Names of Reporting Persons IRS Identification No. Of Above Persons
The PNC Financial Services Group, Inc. 25-1435979 | |||||
| 2) | Check the Appropriate Box if a Member of a Group (See Instructions) (a) ☐ (b) ☐
| |||||
| 3) | SEC USE ONLY
| |||||
| 4) | Citizenship or Place of Organization
Pennsylvania | |||||
| Number of Shares Beneficially Owned By Each Reporting Person With |
5) | Sole Voting Power
1,207,756 | ||||
| 6) | Shared Voting Power
-0- | |||||
| 7) | Sole Dispositive Power
903,000 | |||||
| 8) | Shared Dispositive Power
308,905 | |||||
| 9) |
Aggregate Amount Beneficially Owned by Each Reporting Person
1,211.905 | |||||
| 10) | Check if the Aggregate Amount in Row (9) Excludes Certain Shares See Instructions
☐ | |||||
| 11) | Percent of Class Represented by Amount in Row (9)
5.76 | |||||
| 12) | Type of Reporting Person (See Instructions)
HC | |||||
| CUSIP No. 37954Y814 | Page 2 of 8 Pages |
| 1) |
Names of Reporting Persons IRS Identification No. Of Above Persons
PNC Bank, National Association 22-1146430 | |||||
| 2) | Check the Appropriate Box if a Member of a Group (See Instructions) (a) ☐ (b) ☐
| |||||
| 3) | SEC USE ONLY
| |||||
| 4) | Citizenship or Place of Organization
United States | |||||
| Number of Shares Beneficially Owned By Each Reporting Person With |
5) | Sole Voting Power
1,101,808 | ||||
| 6) | Shared Voting Power
-0- | |||||
| 7) | Sole Dispositive Power
797,829 | |||||
| 8) | Shared Dispositive Power
308,128 | |||||
| 9) |
Aggregate Amount Beneficially Owned by Each Reporting Person
1,105.957 | |||||
| 10) | Check if the Aggregate Amount in Row (9) Excludes Certain Shares See Instructions
☐ | |||||
| 11) | Percent of Class Represented by Amount in Row (9)
5.25 | |||||
| 12) | Type of Reporting Person (See Instructions)
BK | |||||
| CUSIP No. 37954Y814 | Page 3 of 8 Pages |
| 1) |
Names of Reporting Persons IRS Identification No. Of Above Persons
PNC Delaware Trust Company 81-0581990 | |||||
| 2) | Check the Appropriate Box if a Member of a Group (See Instructions) (a) ☐ (b) ☐
| |||||
| 3) | SEC USE ONLY
| |||||
| 4) | Citizenship or Place of Organization
Delaware | |||||
| Number of Shares Beneficially Owned By Each Reporting Person With |
5) | Sole Voting Power
105,948 | ||||
| 6) | Shared Voting Power
-0- | |||||
| 7) | Sole Dispositive Power
105,171 | |||||
| 8) | Shared Dispositive Power
777 | |||||
| 9) |
Aggregate Amount Beneficially Owned by Each Reporting Person
105,948 | |||||
| 10) | Check if the Aggregate Amount in Row (9) Excludes Certain Shares See Instructions
☐ | |||||
| 11) | Percent of Class Represented by Amount in Row (9)
0.50 | |||||
| 12) | Type of Reporting Person (See Instructions)
BK | |||||
Page 4 of 8 Pages
ITEM 1(a)—NAME OF ISSUER:
Global X Fintech Thematic ETF
ITEM 1(b)—ADDRESS OF ISSUER’S PRINCIPAL EXECUTIVE OFFICES:
c/o Global X Funds
600 Lexington Avenue, 20th Floor
New York, New York 10022
ITEM 2(a)—NAME OF PERSON FILING:
The PNC Financial Services Group, Inc.; PNC Bank, National
Association; and PNC Delaware Trust Company
ITEM 2(b)—ADDRESS OF PRINCIPAL BUSINESS OFFICE:
The PNC Financial Services Group, Inc.—300 Fifth Avenue, Pittsburgh, PA 15222-2401
PNC Bank, National Association—300 Fifth Avenue, Pittsburgh, PA 15222-2401
PNC Delaware Trust Company—222 Delaware Avenue, Wilmington, DE 19801
ITEM 2(c)—CITIZENSHIP:
The PNC Financial Services Group, Inc.—Pennsylvania
PNC Bank, National Association—United States
PNC Delaware Trust Company – Delaware
ITEM 2(d)—TITLE OF CLASS OF SECURITIES:
Exchange-Traded Fund
ITEM 2(e)—CUSIP NUMBER:
37954Y814
ITEM 3—IF THIS STATEMENT IS FILED PURSUANT TO RULE 13d-1(b), OR 13d-2(b), CHECK WHETHER THE PERSON FILING IS A:
| (a) |
☐ | Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o); | ||
| (b) | ☒ | Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c); | ||
| (c) |
☐ | Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c); | ||
| (d) |
☐ | Investment company registered under Section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8); | ||
| (e) |
☐ | An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E); | ||
| (f) |
☐ | An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F); | ||
| (g) | ☒ | A parent holding co mpany or control person in accordance with § 240.13d-1(b)(1)(ii)(G); | ||
| (h) |
☐ | A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); | ||
| (i) |
☐ | A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act (15 U.S.C. 80a-3); | ||
| (j) |
☐ | A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J); | ||
| (k) |
☐ | Group, in accordance with § 240.13d-1(b)(1)(ii)(K). |
Page 5 of 8 Pages
ITEM 4—OWNERSHIP:
The following information is as of December 31, 2022:
| (a) Amount Beneficially Owned: |
1,211,905 | |||||||
| (b) Percent of Class: |
5.76 | |||||||
| (c) Number of fund shares to which such person has: |
||||||||
| (i) sole power to vote or to direct the vote |
1,207.756 | |||||||
| (ii) shared power to vote or to direct the vote |
-0- | |||||||
| (iii) sole power to dispose or to direct the disposition of |
903,000 | |||||||
| (iv) shared power to dispose or to direct the disposition of |
308,905 | |||||||
Of the total fund shares reported herein, 1,105,957 are held in accounts at PNC Bank, National Association in a fiduciary capacity for clients.
Of the total fund shares reported herein, 105,948 are held in accounts at PNC Delaware Trust Company in a fiduciary capacity for clients.
The inclusion of the reporting persons and such securities in this report shall not be deemed an admission of beneficial ownership by the reporting persons for the purposes of Section 13(d) or 13(g) of the Act, or for any other purposes.
ITEM 5—OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS:
Not Applicable.
ITEM 6—OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON:
Not Applicable.
ITEM 7—IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY:
Included are the following subsidiaries of The PNC Financial Services Group, Inc.—HC:
PNC Bank, National Association—BK
PNC Delaware Trust Company—BK
ITEM 8—IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP:
Not Applicable.
ITEM 9—NOTICE OF DISSOLUTION OF GROUP:
Not Applicable.
Page 6 of 8 Pages
ITEM 10—CERTIFICATION:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.
Page 7 of 8 Pages
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
| February 10, 2023 |
February 10, 2023 | |||
| Date |
Date | |||
| By: /s/ Gregory H. Kozich |
By: /s/ Joshua Ott | |||
| Signature—The PNC Financial Services Group, Inc. |
Signature—PNC Delaware Trust Company | |||
| Gregory H. Kozich, Senior Vice President & Controller |
Joshua Ott, Fiduciary Market Director | |||
| Name & Title |
Name & Title | |||
| February 10, 2023 |
||||
| Date |
||||
| By: /s/ Gregory H. Kozich |
||||
| Signature – PNC Bank, National Association |
||||
| Gregory H. Kozich, Executive Vice President & Controller |
||||
| Name & Title |
||||
AN AGREEMENT TO FILE A JOINT STATEMENT
IS INCLUDED HEREWITH AS EXHIBIT A