Lazard Next Gen Technologies ETF (NASDAQ:TEKY) Stock Breaks Below Two Hundred Day Moving Average – Here’s What Happened

Lazard Next Gen Technologies ETF (NASDAQ:TEKY)’s stock price crossed below its 200-day moving average during trading on Friday. The stock has a 200-day moving average of $41.52 and traded as low as $40.42. Lazard Next Gen Technologies ETF shares last traded at $40.3250, with a volume of 417 shares traded.

Lazard Next Gen Technologies ETF Trading Down 6.7%

The stock has a market cap of $52.42 million, a P/E ratio of 31.49 and a beta of 1.91. The firm’s fifty day moving average is $44.62 and its 200 day moving average is $41.52.

Hedge Funds Weigh In On Lazard Next Gen Technologies ETF

An institutional investor recently raised its stake in Lazard Next Gen Technologies ETF stock. Richardson Capital Management LLC increased its holdings in Lazard Next Gen Technologies ETF (NASDAQ:TEKY) by 20.8% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,285 shares of the company’s stock after purchasing an additional 565 shares during the period. Richardson Capital Management LLC owned approximately 0.25% of Lazard Next Gen Technologies ETF worth $152,000 at the end of the most recent quarter.

Lazard Next Gen Technologies ETF Company Profile

The Lazard Next Gen Technologies ETF (TEKY) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund seeks long-term capital appreciation by actively managing a narrow portfolio of global companies involved in the developing or enabling of AI next-generation technologies. TEKY was launched on Apr 4, 2025 and is issued by Lazard.