Global X Artificial Intelligence & Technology ETF (NASDAQ:AIQ) Shares Cross Above 200 Day Moving Average – Here’s What Happened

Global X Artificial Intelligence & Technology ETF (NASDAQ:AIQGet Free Report) shares crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $49.96 and traded as high as $50.32. Global X Artificial Intelligence & Technology ETF shares last traded at $49.92, with a volume of 5,029,963 shares.

Global X Artificial Intelligence & Technology ETF Stock Up 2.3%

The firm has a market capitalization of $8.11 billion, a price-to-earnings ratio of -293.65 and a beta of 1.18. The company’s fifty day moving average is $51.10 and its two-hundred day moving average is $49.96.

Global X Artificial Intelligence & Technology ETF Announces Dividend

The business also recently declared a dividend, which was paid on Wednesday, January 7th. Stockholders of record on Tuesday, December 30th were given a $0.0451 dividend. This represents a dividend yield of 18.0%. The ex-dividend date was Tuesday, December 30th. Global X Artificial Intelligence & Technology ETF’s dividend payout ratio (DPR) is currently -52.94%.

Institutional Investors Weigh In On Global X Artificial Intelligence & Technology ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in AIQ. JPMorgan Chase & Co. lifted its stake in Global X Artificial Intelligence & Technology ETF by 2.6% in the fourth quarter. JPMorgan Chase & Co. now owns 1,531,632 shares of the technology ETF’s stock valued at $77,899,000 after buying an additional 39,357 shares during the period. Valley Wealth Managers Inc. increased its stake in shares of Global X Artificial Intelligence & Technology ETF by 1.2% in the 4th quarter. Valley Wealth Managers Inc. now owns 651,042 shares of the technology ETF’s stock valued at $33,112,000 after acquiring an additional 7,486 shares during the last quarter. Flow Traders U.S. LLC bought a new stake in shares of Global X Artificial Intelligence & Technology ETF in the 3rd quarter valued at about $14,271,000. Janney Montgomery Scott LLC raised its position in shares of Global X Artificial Intelligence & Technology ETF by 27.7% in the 4th quarter. Janney Montgomery Scott LLC now owns 141,789 shares of the technology ETF’s stock valued at $7,211,000 after acquiring an additional 30,723 shares during the period. Finally, Farther Finance Advisors LLC boosted its stake in Global X Artificial Intelligence & Technology ETF by 251.2% during the 3rd quarter. Farther Finance Advisors LLC now owns 76,424 shares of the technology ETF’s stock worth $3,775,000 after acquiring an additional 54,661 shares during the last quarter. Institutional investors own 27.02% of the company’s stock.

Global X Artificial Intelligence & Technology ETF Company Profile

(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.