PNC reports 10.33% stake in Global X AI & Tech ETF
The PNC Financial Services Group, Inc. reports beneficial ownership of 16,471,414 shares of Global X Artificial Intelligence & Technology ETF, representing 10.33% of the fund’s outstanding shares.
The PNC Financial Services Group, Inc. reports beneficial ownership of 16,471,414 shares of Global X Artificial Intelligence & Technology ETF, representing 10.33% of the fund’s outstanding shares. PNC has sole voting power over 16,376,576 shares and shared voting power over 3,662 shares. It has sole dispositive power over 15,121,040 shares and shared dispositive power over 1,348,627 shares.
The position is largely held through subsidiaries in a fiduciary capacity for clients, including PNC Bank, National Association, PNC Delaware Trust Company, PNC Ohio Trust Company, and PNC Wealth Management LLC. This amendment updates PNC’s status as a significant institutional holder of this ETF.
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Key Figures
Beneficially owned shares:16,471,414Percent of class:10.33%Sole voting power:16,376,576+5 more
8 metrics
Beneficially owned shares16,471,414Total Global X Artificial Intelligence & Technology ETF shares beneficially owned by PNC
Percent of class10.33%Portion of Global X Artificial Intelligence & Technology ETF outstanding shares
Sole voting power16,376,576Shares over which PNC has sole power to vote or direct the vote
Shared voting power3,662Shares over which PNC has shared power to vote or direct the vote
Sole dispositive power15,121,040Shares over which PNC has sole power to dispose or direct disposition
Shared dispositive power1,348,627Shares over which PNC has shared power to dispose or direct disposition
Fiduciary shares at PNC Bank, N.A.16,344,877ETF shares held in fiduciary accounts at PNC Bank, National Association
Fiduciary shares at PNC Delaware Trust Company54,666ETF shares held in fiduciary accounts at PNC Delaware Trust Company
Key Terms
beneficially owned, sole voting power, shared dispositive power, fiduciary capacity, +1 more
5 terms
beneficially ownedfinancial
"Amount beneficially owned: 16,471,414"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
sole voting powerfinancial
"Sole power to vote or to direct the vote: 16,376,576"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
shared dispositive powerfinancial
"Shared power to dispose or to direct the disposition of: 1,348,627"
fiduciary capacityfinancial
"held in accounts at PNC Bank, National Association in a fiduciary capacity for clients"
parent holding companyfinancial
"Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
How many Global X Artificial Intelligence & Technology ETF shares does PNC (PNC) beneficially own?
The PNC Financial Services Group beneficially owns 16,471,414 shares of Global X Artificial Intelligence & Technology ETF. This stake represents a significant institutional holding and is detailed with specific voting and dispositive power allocations across PNC and its subsidiaries.
What percentage of Global X Artificial Intelligence & Technology ETF does PNC (PNC) hold?
PNC reports beneficial ownership of 10.33% of Global X Artificial Intelligence & Technology ETF. This makes PNC a major holder of the fund, reflecting substantial exposure to the ETF’s artificial intelligence and technology investment strategy.
How is PNC’s (PNC) voting power structured in the Global X AI & Technology ETF position?
PNC has sole voting power over 16,376,576 shares and shared voting power over 3,662 shares of the ETF. These figures define how PNC may direct votes on the underlying fund shares it beneficially owns.
What are PNC’s (PNC) dispositive powers over its Global X AI & Technology ETF holdings?
PNC has sole dispositive power over 15,121,040 shares and shared dispositive power over 1,348,627 shares. Dispositive power indicates the authority to dispose of or direct the disposition of these ETF shares.
Which PNC (PNC) subsidiaries hold Global X AI & Technology ETF shares in fiduciary accounts?
Subsidiaries include PNC Bank, National Association; PNC Delaware Trust Company; PNC Ohio Trust Company; and PNC Wealth Management LLC. Together they hold ETF shares in fiduciary capacity for clients, including 16,344,877 shares at PNC Bank, National Association.
How many Global X AI & Technology ETF shares are held at each PNC (PNC) trust subsidiary?
Of the total, 16,344,877 shares are at PNC Bank, National Association; 54,666 at PNC Delaware Trust Company; 45,450 at PNC Ohio Trust Company; and 26,421 at PNC Wealth Management LLC, all in fiduciary accounts for clients.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 3)
Global X Artificial Intelligence & Technology ETF
(Name of Issuer)
Exchange-Traded Fund
(Title of Class of Securities)
37954Y632
(CUSIP Number)
06/30/2026
(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)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
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
16,376,576.00
6
Shared Voting Power
3,662.00
7
Sole Dispositive Power
15,121,040.00
8
Shared Dispositive Power
1,348,627.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
16,471,414.00
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)
10.33 %
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:
16,471,414
(b)
Percent of class:
10.33 %
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
16,376,576
(ii) Shared power to vote or to direct the vote:
3,662
(iii) Sole power to dispose or to direct the disposition of:
15,121,040
(iv) Shared power to dispose or to direct the disposition of:
1,348,627
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, 16,344,877 are held in accounts at PNC Bank, National Association in a fiduciary capacity for clients.
Of the total fund shares reported herein, 54,666 are held in accounts at PNC Delaware Trust Company in a fiduciary capacity for clients.
Of the total fund shares reported herein, 45,450 are held in accounts at PNC Ohio Trust Company in a fiduciary capacity for clients.
Of the total fund shares reported herein, 26,421 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.
