ROBO Global Artificial Intelligence ETF (NYSEARCA:THNQ) Stock Price Down 0.4%

Shares of ROBO Global Artificial Intelligence ETF (NYSEARCA:THNQ) were down 0.4% during trading on Thursday . The company traded as low as $40.64 and last traded at $41.45. Approximately 17,674 shares were traded during trading, a decline of 44% from the average daily volume of 31,427 shares. The stock had previously closed at $41.60.

ROBO Global Artificial Intelligence ETF Stock Performance

The company has a market capitalization of $175.81 million, a PE ratio of 44.34 and a beta of 1.55. The stock’s 50 day moving average is $43.24 and its 200 day moving average is $40.32.

Institutional Trading of ROBO Global Artificial Intelligence ETF

A hedge fund recently bought a new stake in ROBO Global Artificial Intelligence ETF stock. Lindbrook Capital LLC bought a new position in ROBO Global Artificial Intelligence ETF (NYSEARCA:THNQ) during the 1st quarter, according to its most recent filing with the SEC. The institutional investor bought 1,940 shares of the company’s stock, valued at approximately $86,000.

About ROBO Global Artificial Intelligence ETF

The Robo Global Artificial Intelligence ETF (THNQ) is an exchange-traded fund that is based on the ROBO Global Artificial Intelligence index. The fund tracks a global index of companies involved in developing the technology and the infrastructure of enabling artificial intelligence. THNQ was launched on May 11, 2020 and is managed by ROBO Global.