The PNC Financial Services Group, Inc. filed an amended Schedule 13G showing beneficial ownership of 22,490,261 shares of the Global X Artificial Intelligence & Technology ETF, representing 15.54% of the fund’s outstanding shares as of 12/31/2025.
PNC reports sole voting power over 22,408,757 shares and sole dispositive power over 21,651,961 shares, with shared dispositive power over 837,673 shares. Most of these ETF shares are held in fiduciary client accounts across PNC Bank, National Association, PNC Delaware Trust Company, PNC Ohio Trust Company, and PNC Wealth Management LLC. PNC certifies the holdings are in the ordinary course of business and not for the purpose of influencing control of the fund.
Positive
None.
Negative
None.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 1)
Global X Artificial Intelligence & Technology ETF
(Name of Issuer)
Exchange-Traded Fund
(Title of Class of Securities)
37954Y632
(CUSIP Number)
12/31/2025
(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)
SCHEDULE 13G
CUSIP No.
37954Y632
1
Names of Reporting Persons
The PNC Financial Services Group, Inc.
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
22,408,757.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
21,651,961.00
8
Shared Dispositive Power
837,673.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
22,490,261.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
15.54 %
12
Type of Reporting Person (See Instructions)
HC
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
Global X Artificial Intelligence & Technology ETF
(b)
Address of issuer's principal executive offices:
c/o Global X Funds, 605 Third Avenue, 43rd Floor, New York, NY 10158
Item 2.
(a)
Name of person filing:
The PNC Financial Services Group, Inc.
(b)
Address or principal business office or, if none, residence:
300 Fifth Avenue, Pittsburgh, PA 15222-2401
(c)
Citizenship:
Pennsylvania
(d)
Title of class of securities:
Exchange-Traded Fund
(e)
CUSIP No.:
37954Y632
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), 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 company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations 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 of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
22,490,261
(b)
Percent of class:
15.54 %
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
22,408,757
(ii) Shared power to vote or to direct the vote:
0
(iii) Sole power to dispose or to direct the disposition of:
21,651,961
(iv) Shared power to dispose or to direct the disposition of:
837,673
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 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 or Control Person.
If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary.
PNC Bank, National Association - BK
PNC Delaware Trust Company - BK
PNC Ohio Trust Company - BK
PNC Wealth Management LLC - BD
Of the total fund shares reported herein, 22,362,773 are held in accounts at PNC Bank, National Association in a fiduciary capacity for clients.
Of the total fund shares reported herein, 64,093 are held in accounts at PNC Delaware Trust Company in a fiduciary capacity for clients.
Of the total fund shares reported herein, 50,285 are held in accounts at PNC Ohio Trust Company in a fiduciary capacity for clients.
Of the total fund shares reported herein, 13,110 are held in accounts at PNC Wealth Management LLC in a fiduciary capacity for clients.
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are 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, other than activities solely in connection with a nomination under ?? 240.14a-11.
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.
What stake does PNC (PNC) report in Global X Artificial Intelligence & Technology ETF?
PNC reports beneficial ownership of 22,490,261 shares, equal to 15.54% of the Global X Artificial Intelligence & Technology ETF. This makes PNC a significant institutional holder of the fund’s shares as of December 31, 2025.
How much voting power does PNC have in the Global X Artificial Intelligence & Technology ETF?
PNC reports sole voting power over 22,408,757 shares and no shared voting power in the Global X Artificial Intelligence & Technology ETF. This reflects the shares over which it can unilaterally direct proxy voting decisions for clients.
How are PNC’s Global X AI & Technology ETF shares held across its subsidiaries?
Of the reported holdings, 22,362,773 shares are in PNC Bank, National Association accounts, 64,093 at PNC Delaware Trust Company, 50,285 at PNC Ohio Trust Company, and 13,110 at PNC Wealth Management LLC, all in fiduciary accounts for clients.
Does PNC state any intent to influence control of Global X Artificial Intelligence & Technology ETF?
PNC certifies the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the ETF issuer, consistent with passive institutional ownership reporting under Schedule 13G.
What is the event date for PNC’s amended Schedule 13G on Global X AI & Technology ETF?
The event date triggering this amended Schedule 13G is December 31, 2025. Holdings and percentages, including the 22,490,261 shares and 15.54% ownership figure, are reported as of this date in the ownership section.
Who signed PNC’s amended Schedule 13G for the Global X Artificial Intelligence & Technology ETF?
The filing is signed by Gregory H. Kozich, identified as Senior Vice President & Controller of The PNC Financial Services Group, Inc. The signature certifies the accuracy of the ownership information in the statement.