Roundhill Generative AI & Technology ETF (NYSEARCA:CHAT) Stock Price Down 3.8% – Time to Sell?

Roundhill Generative AI & Technology ETF (NYSEARCA:CHAT) shares dropped 3.8% during mid-day trading on Thursday . The stock traded as low as $37.24 and last traded at $37.31. Approximately 60,686 shares were traded during mid-day trading, a decline of 20% from the average daily volume of 75,552 shares. The stock had previously closed at $38.77.

Roundhill Generative AI & Technology ETF Stock Up 0.3 %

The stock has a 50-day moving average price of $41.44 and a 200 day moving average price of $39.45. The firm has a market capitalization of $261.26 million, a price-to-earnings ratio of 26.58 and a beta of 1.77.

Hedge Funds Weigh In On Roundhill Generative AI & Technology ETF

A hedge fund recently bought a new stake in Roundhill Generative AI & Technology ETF stock. Flow Traders U.S. LLC acquired a new position in shares of Roundhill Generative AI & Technology ETF (NYSEARCA:CHAT) in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 25,421 shares of the company’s stock, valued at approximately $951,000. Flow Traders U.S. LLC owned approximately 0.62% of Roundhill Generative AI & Technology ETF as of its most recent filing with the SEC.

About Roundhill Generative AI & Technology ETF

The Roundhill Generative AI & Technology ETF (CHAT) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed fund that invests in 25 to 50 companies around the world that are involved in generative artificial intelligence and other related technologies.