Global X Artificial Intelligence & Technology ETF (NASDAQ:AIQ) Sees Unusually-High Trading Volume – Here’s Why

Global X Artificial Intelligence & Technology ETF (NASDAQ:AIQGet Free Report) saw unusually-strong trading volume on Tuesday . Approximately 3,275,116 shares were traded during trading, an increase of 54% from the previous session’s volume of 2,121,182 shares.The stock last traded at $62.94 and had previously closed at $62.30.

Global X Artificial Intelligence & Technology ETF Price Performance

The firm’s fifty day simple moving average is $62.30 and its 200 day simple moving average is $57.21. The company has a market capitalization of $10.96 billion, a price-to-earnings ratio of -370.82 and a beta of 1.35.

Global X Artificial Intelligence & Technology ETF Announces Dividend

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

Institutional Trading of Global X Artificial Intelligence & Technology ETF

A number of hedge funds have recently modified their holdings of AIQ. Gen Wealth Partners Inc boosted its position in shares of Global X Artificial Intelligence & Technology ETF by 86.1% in the fourth quarter. Gen Wealth Partners Inc now owns 521 shares of the technology ETF’s stock worth $26,000 after buying an additional 241 shares during the period. WFA of San Diego LLC acquired a new position in Global X Artificial Intelligence & Technology ETF during the second quarter valued at $26,000. Manning & Napier Advisors LLC acquired a new position in Global X Artificial Intelligence & Technology ETF during the fourth quarter valued at $31,000. Compass Financial Management LLC purchased a new stake in Global X Artificial Intelligence & Technology ETF in the 2nd quarter worth about $69,000. Finally, Vestor Capital LLC purchased a new stake in Global X Artificial Intelligence & Technology ETF in the 4th quarter worth about $60,000. Hedge funds and other institutional investors own 27.02% of the company’s stock.

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.