ROBO Global Artificial Intelligence ETF (NYSEARCA:THNQ) Shares Up 2.7% – Here’s What Happened

ROBO Global Artificial Intelligence ETF (NYSEARCA:THNQGet Free Report)’s share price was up 2.7% on Friday . The stock traded as high as $90.59 and last traded at $90.54. 76,246 shares traded hands during mid-day trading, an increase of 236% from the average session volume of 22,662 shares. The stock had previously closed at $88.18.

ROBO Global Artificial Intelligence ETF Stock Performance

The business has a 50-day moving average of $87.02 and a 200-day moving average of $74.15. The stock has a market capitalization of $452.70 million, a price-to-earnings ratio of 39.78 and a beta of 1.48.

Institutional Investors Weigh In On ROBO Global Artificial Intelligence ETF

Large investors have recently modified their holdings of the company. Basepoint Wealth LLC purchased a new position in shares of ROBO Global Artificial Intelligence ETF during the fourth quarter worth approximately $38,000. NewEdge Advisors LLC acquired a new stake in ROBO Global Artificial Intelligence ETF during the 3rd quarter worth $159,000. Janney Montgomery Scott LLC acquired a new stake in ROBO Global Artificial Intelligence ETF during the 4th quarter worth $281,000. Cary Street Partners Financial LLC grew its position in ROBO Global Artificial Intelligence ETF by 48.8% during the 4th quarter. Cary Street Partners Financial LLC now owns 11,137 shares of the company’s stock worth $707,000 after purchasing an additional 3,652 shares during the last quarter. Finally, Flow Traders U.S. LLC purchased a new position in ROBO Global Artificial Intelligence ETF during the 3rd quarter worth $1,333,000.

ROBO Global Artificial Intelligence ETF Company Profile

(Get Free Report)

The Robo Global Artificial Intelligence ETF (THNQ) is an exchange-traded fund that is based on the ROBO Global Artificial Intelligence index. The fund tracks a global index of companies involved in developing the technology and the infrastructure of enabling artificial intelligence. THNQ was launched on May 11, 2020 and is managed by ROBO Global.

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