Global X Artificial Intelligence & Technology ETF (NASDAQ:AIQ) Share Price Breaks Below Two Hundred Day Moving Average – What’s Next?

Global X Artificial Intelligence & Technology ETF (NASDAQ:AIQ – Get Free Report) crossed below its two hundred day moving average during trading on Thursday. The stock has a two hundred day moving average of $58.67 and traded as low as $55.79. Global X Artificial Intelligence & Technology ETF shares last traded at $56.15, with a volume of 5,240,442 shares traded.

Global X Artificial Intelligence & Technology ETF Stock Up 1.3%

The firm’s 50 day simple moving average is $63.78 and its 200 day simple moving average is $58.70. The company has a market cap of $9.15 billion, a price-to-earnings ratio of -334.65 and a beta of 1.39.

Institutional Trading of Global X Artificial Intelligence & Technology ETF

Hedge funds have recently added to or reduced their stakes in the business. 10Elms LLP raised its stake in Global X Artificial Intelligence & Technology ETF by 48.0% during the 3rd quarter. 10Elms LLP now owns 626 shares of the technology ETF’s stock valued at $41,000 after acquiring an additional 203 shares in the last quarter. Carret Asset Management LLC bought a new position in shares of Global X Artificial Intelligence & Technology ETF in the third quarter worth $1,714,000. Parallel Advisors LLC grew its stake in shares of Global X Artificial Intelligence & Technology ETF by 7.9% in the third quarter. Parallel Advisors LLC now owns 10,895 shares of the technology ETF’s stock worth $710,000 after purchasing an additional 801 shares in the last quarter. Greenleaf Trust bought a new position in shares of Global X Artificial Intelligence & Technology ETF in the third quarter worth $366,000. Finally, Kingswood Wealth Advisors LLC increased its holdings in shares of Global X Artificial Intelligence & Technology ETF by 56.4% during the third quarter. Kingswood Wealth Advisors LLC now owns 14,784 shares of the technology ETF’s stock valued at $963,000 after purchasing an additional 5,334 shares during the period. Institutional investors own 27.02% of the company’s stock.

Global X Artificial Intelligence & Technology ETF Company Profile

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Global X Artificial Intelligence & Technology ETF

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