Global X Artificial Intelligence & Technology ETF (NASDAQ:AIQ) Hits New 52-Week High – Still a Buy?

Global X Artificial Intelligence & Technology ETF (NASDAQ:AIQGet Free Report) shares reached a new 52-week high during trading on Thursday . The company traded as high as $54.98 and last traded at $54.97, with a volume of 1373425 shares trading hands. The stock had previously closed at $53.69.

Global X Artificial Intelligence & Technology ETF Price Performance

The firm has a market cap of $8.49 billion, a P/E ratio of -323.35 and a beta of 1.22. The stock has a 50 day moving average of $49.43 and a 200 day moving average of $50.54.

Institutional Trading of Global X Artificial Intelligence & Technology ETF

Institutional investors have recently added to or reduced their stakes in the business. First Horizon Corp purchased a new stake in Global X Artificial Intelligence & Technology ETF during the third quarter valued at about $492,000. Farther Finance Advisors LLC boosted its position in Global X Artificial Intelligence & Technology ETF by 251.2% during the third quarter. Farther Finance Advisors LLC now owns 76,424 shares of the technology ETF’s stock valued at $3,775,000 after buying an additional 54,661 shares during the period. Sage Private Wealth Group LLC purchased a new stake in Global X Artificial Intelligence & Technology ETF during the third quarter valued at about $544,000. CoreCap Advisors LLC boosted its position in Global X Artificial Intelligence & Technology ETF by 2,978.4% during the third quarter. CoreCap Advisors LLC now owns 60,399 shares of the technology ETF’s stock valued at $2,983,000 after buying an additional 58,437 shares during the period. Finally, Flow Traders U.S. LLC purchased a new stake in Global X Artificial Intelligence & Technology ETF during the third quarter valued at about $14,271,000. 27.02% of the stock is currently owned by hedge funds and other institutional investors.

Global X Artificial Intelligence & Technology ETF Company Profile

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Global X Artificial Intelligence & Technology ETF

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