Lazard Next Gen Technologies ETF (NASDAQ:TEKY) Shares Up 0% – Here’s Why

Shares of Lazard Next Gen Technologies ETF (NASDAQ:TEKY) shot up 0% on Wednesday . The stock traded as high as $46.21 and last traded at $45.3738. Approximately 34 shares traded hands during mid-day trading, a decline of 96% from the average daily volume of 777 shares. The stock had previously closed at $45.37.

Lazard Next Gen Technologies ETF Trading Up 0.0%

The stock has a market capitalization of $58.99 million, a PE ratio of 31.49 and a beta of 1.99. The firm has a 50-day moving average price of $44.50 and a 200-day moving average price of $40.46.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in Lazard Next Gen Technologies ETF stock. Lazard Asset Management LLC purchased a new position in shares of Lazard Next Gen Technologies ETF (NASDAQ:TEKY) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 1,150,000 shares of the company’s stock, valued at approximately $39,412,000. Lazard Asset Management LLC owned about 93.50% of Lazard Next Gen Technologies ETF as of its most recent SEC filing.

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.