Global X Artificial Intelligence & Technology ETF (NASDAQ:AIQ) Shares Cross Above Two Hundred Day Moving Average – What’s Next?

Global X Artificial Intelligence & Technology ETF (NASDAQ:AIQ)’s stock price crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $56.98 and traded as high as $63.35. Global X Artificial Intelligence & Technology ETF shares last traded at $62.99, with a volume of 861,091 shares traded.

Global X Artificial Intelligence & Technology ETF Trading Up 0.6%

The firm has a market capitalization of $11.02 billion, a price-to-earnings ratio of -373.12 and a beta of 1.35. The company has a fifty day moving average price of $62.40 and a 200-day moving average price of $57.05.

Global X Artificial Intelligence & Technology ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Tuesday, July 7th. Stockholders of record on Monday, June 29th were paid a $0.0005 dividend. The ex-dividend date was Monday, June 29th. Global X Artificial Intelligence & Technology ETF’s payout ratio is presently -23.53%.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of AIQ. Gen Wealth Partners Inc lifted its position in shares of Global X Artificial Intelligence & Technology ETF by 86.1% in the 4th quarter. Gen Wealth Partners Inc now owns 521 shares of the technology ETF’s stock worth $26,000 after acquiring an additional 241 shares during the period. WFA of San Diego LLC bought a new stake in Global X Artificial Intelligence & Technology ETF during the second quarter worth about $26,000. Manning & Napier Advisors LLC bought a new stake in Global X Artificial Intelligence & Technology ETF during the 4th quarter worth approximately $31,000. Vestor Capital LLC acquired a new stake in shares of Global X Artificial Intelligence & Technology ETF in the fourth quarter valued at $60,000. Finally, North Star Investment Management Corp. increased its position in Global X Artificial Intelligence & Technology ETF by 19.3% in the 1st quarter. North Star Investment Management Corp. now owns 1,366 shares of the technology ETF’s stock valued at $64,000 after acquiring an additional 221 shares in the last quarter. 27.02% of the stock is currently owned by institutional investors and hedge funds.

About Global X Artificial Intelligence & Technology ETF

Global X Artificial Intelligence & Technology ETF