ROBO Global Artificial Intelligence ETF (NYSEARCA:THNQ) Trading Up 1.2% – What’s Next?

ROBO Global Artificial Intelligence ETF (NYSEARCA:THNQ)’s stock price was up 1.2% during trading on Wednesday . The company traded as high as $61.99 and last traded at $61.73. Approximately 8,796 shares traded hands during trading, a decline of 46% from the average daily volume of 16,409 shares. The stock had previously closed at $61.00.

ROBO Global Artificial Intelligence ETF Stock Up 1.2%

The business has a 50 day moving average price of $64.19 and a two-hundred day moving average price of $63.92. The stock has a market cap of $282.11 million, a P/E ratio of 39.78 and a beta of 1.33.

ROBO Global Artificial Intelligence ETF Announces Dividend

The firm also recently declared an annual dividend, which was paid on Wednesday, December 31st. Shareholders of record on Tuesday, December 30th were paid a $0.13 dividend. This represents a yield of 20.0%. The ex-dividend date was Tuesday, December 30th.

Institutional Trading of ROBO Global Artificial Intelligence ETF

Several hedge funds have recently bought and sold shares of THNQ. Basepoint Wealth LLC bought a new stake in shares of ROBO Global Artificial Intelligence ETF in the fourth quarter worth about $38,000. GPS Wealth Strategies Group LLC bought a new position in ROBO Global Artificial Intelligence ETF during the third quarter valued at approximately $92,000. NewEdge Advisors LLC purchased a new position in ROBO Global Artificial Intelligence ETF during the 3rd quarter valued at approximately $159,000. Arkadios Wealth Advisors bought a new position in shares of ROBO Global Artificial Intelligence ETF during the 2nd quarter valued at approximately $213,000. Finally, Janney Montgomery Scott LLC purchased a new stake in ROBO Global Artificial Intelligence ETF during the fourth quarter valued at $281,000.

ROBO Global Artificial Intelligence ETF Company Profile

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.