Valeo Financial Advisors LLC Acquires Shares of 8,736 Roundhill Generative AI & Technology ETF $CHAT

Valeo Financial Advisors LLC bought a new position in Roundhill Generative AI & Technology ETF (NYSEARCA:CHAT) during the 3rd quarter, Holdings Channel.com reports. The fund bought 8,736 shares of the company’s stock, valued at approximately $537,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Jackson Wealth Management LLC bought a new stake in Roundhill Generative AI & Technology ETF in the 3rd quarter valued at $214,000. Marshall Wace LLP purchased a new position in shares of Roundhill Generative AI & Technology ETF during the second quarter valued at about $312,000. JPMorgan Chase & Co. bought a new stake in shares of Roundhill Generative AI & Technology ETF in the second quarter worth about $63,000. Janney Montgomery Scott LLC lifted its position in shares of Roundhill Generative AI & Technology ETF by 284.0% in the second quarter. Janney Montgomery Scott LLC now owns 23,876 shares of the company’s stock worth $1,165,000 after buying an additional 17,659 shares in the last quarter. Finally, NewEdge Advisors LLC boosted its stake in Roundhill Generative AI & Technology ETF by 2,875.6% during the first quarter. NewEdge Advisors LLC now owns 6,338 shares of the company’s stock valued at $221,000 after buying an additional 6,125 shares during the last quarter.

Roundhill Generative AI & Technology ETF Price Performance

NYSEARCA CHAT opened at $61.79 on Friday. Roundhill Generative AI & Technology ETF has a 1-year low of $28.96 and a 1-year high of $68.12. The business has a 50 day simple moving average of $60.79 and a two-hundred day simple moving average of $59.04. The stock has a market capitalization of $1.03 billion, a PE ratio of 21.50 and a beta of 1.63.

Roundhill Generative AI & Technology ETF Profile

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. CHAT was launched on May 18, 2023 and is managed by Roundhill.