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

Global X Artificial Intelligence & Technology ETF (NASDAQ:AIQGet Free Report)’s stock price passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $49.96 and traded as high as $50.32. Global X Artificial Intelligence & Technology ETF shares last traded at $49.92, with a volume of 5,029,963 shares changing hands.

Global X Artificial Intelligence & Technology ETF Trading Down 1.1%

The stock has a market capitalization of $7.97 billion, a PE ratio of -288.82 and a beta of 1.18. The company’s 50 day simple moving average is $51.08 and its 200 day simple moving average is $49.96.

Global X Artificial Intelligence & Technology ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Wednesday, January 7th. Investors of record on Tuesday, December 30th were paid a $0.0451 dividend. This represents a yield of 18.0%. The ex-dividend date was Tuesday, December 30th. Global X Artificial Intelligence & Technology ETF’s dividend payout ratio is presently -52.94%.

Institutional Trading of Global X Artificial Intelligence & Technology ETF

Hedge funds have recently added to or reduced their stakes in the business. Gen Wealth Partners Inc increased its stake in shares of Global X Artificial Intelligence & Technology ETF by 86.1% during the 4th quarter. Gen Wealth Partners Inc now owns 521 shares of the technology ETF’s stock valued at $26,000 after acquiring an additional 241 shares during the last quarter. WFA of San Diego LLC purchased a new stake in Global X Artificial Intelligence & Technology ETF in the second quarter valued at approximately $26,000. Eukles Asset Management purchased a new stake in Global X Artificial Intelligence & Technology ETF in the third quarter valued at approximately $27,000. Nemes Rush Group LLC increased its position in Global X Artificial Intelligence & Technology ETF by 503.0% during the third quarter. Nemes Rush Group LLC now owns 603 shares of the technology ETF’s stock worth $30,000 after purchasing an additional 503 shares during the last quarter. Finally, Manning & Napier Advisors LLC acquired a new position in Global X Artificial Intelligence & Technology ETF during the fourth quarter worth approximately $31,000. 27.02% of the stock is owned by institutional investors and hedge funds.

Global X Artificial Intelligence & Technology ETF Company Profile

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Global X Artificial Intelligence & Technology ETF

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