Global X Artificial Intelligence & Technology ETF (NASDAQ:AIQ) Stock Breaks Above Two Hundred Day Moving Average – Should You Sell?

Shares of Global X Artificial Intelligence & Technology ETF (NASDAQ:AIQ – Get Free Report) crossed above its 200-day moving average during trading on Friday. The stock has a 200-day moving average of $60.79 and traded as high as $66.60. Global X Artificial Intelligence & Technology ETF shares last traded at $66.60, with a volume of 681,458 shares traded.

Global X Artificial Intelligence & Technology ETF Stock Performance

The firm has a market capitalization of $10.55 billion, a price-to-earnings ratio of -391.76 and a beta of 1.36. The business has a fifty day moving average of $64.23 and a two-hundred day moving average of $60.79.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. First Community Trust NA acquired a new stake in Global X Artificial Intelligence & Technology ETF during the 3rd quarter worth approximately $40,000. Manning & Napier Advisors LLC lifted its holdings in Global X Artificial Intelligence & Technology ETF by 111.3% during the first quarter. Manning & Napier Advisors LLC now owns 1,295 shares of the technology ETF’s stock valued at $58,000 after purchasing an additional 682 shares during the last quarter. North Star Investment Management Corp. lifted its holdings in shares of Global X Artificial Intelligence & Technology ETF by 19.3% in the first quarter. North Star Investment Management Corp. now owns 1,366 shares of the technology ETF’s stock worth $64,000 after buying an additional 221 shares in the last quarter. Compass Financial Management LLC bought a new stake in Global X Artificial Intelligence & Technology ETF during the second quarter valued at approximately $69,000. Finally, Vestor Capital LLC lifted its holdings in shares of Global X Artificial Intelligence & Technology ETF by 26.3% in the 1st quarter. Vestor Capital LLC now owns 1,500 shares of the technology ETF’s stock worth $70,000 after acquiring an additional 312 shares during the last quarter. 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

Read More

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.