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

Global X Artificial Intelligence & Technology ETF (NASDAQ:AIQGet Free Report)’s stock price hit a new 52-week high during mid-day trading on Friday . The stock traded as high as $63.09 and last traded at $62.94, with a volume of 157190 shares trading hands. The stock had previously closed at $62.61.

Global X Artificial Intelligence & Technology ETF Trading Up 0.8%

The company has a fifty day simple moving average of $53.10 and a 200-day simple moving average of $51.60. The company has a market capitalization of $9.78 billion, a PE ratio of -371.12 and a beta of 1.29.

Institutional Trading of Global X Artificial Intelligence & Technology ETF

Large investors have recently added to or reduced their stakes in the stock. Flow Traders U.S. LLC purchased a new stake in Global X Artificial Intelligence & Technology ETF in the 3rd quarter valued at $14,271,000. Belpointe Asset Management LLC grew its holdings in Global X Artificial Intelligence & Technology ETF by 36.8% in the 4th quarter. Belpointe Asset Management LLC now owns 64,275 shares of the technology ETF’s stock valued at $3,269,000 after buying an additional 17,291 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in Global X Artificial Intelligence & Technology ETF by 19.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,492,275 shares of the technology ETF’s stock valued at $73,703,000 after buying an additional 245,198 shares in the last quarter. Concentrum Wealth Management grew its holdings in Global X Artificial Intelligence & Technology ETF by 985.1% in the 4th quarter. Concentrum Wealth Management now owns 44,914 shares of the technology ETF’s stock valued at $2,284,000 after buying an additional 40,775 shares in the last quarter. Finally, Rollins Financial Advisors LLC purchased a new stake in Global X Artificial Intelligence & Technology ETF in the 3rd quarter valued at $597,000. 27.02% of the stock is currently owned by hedge funds and other institutional investors.

About Global X Artificial Intelligence & Technology ETF

(Get Free Report)

Global X Artificial Intelligence & Technology ETF

Recommended Stories

Receive News & Ratings for Global X Artificial Intelligence & Technology ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Global X Artificial Intelligence & Technology ETF and related companies with MarketBeat.com's FREE daily email newsletter.