Global X Artificial Intelligence & Technology ETF (NASDAQ:AIQ) Hits New 52-Week High – Still a Buy?

Global X Artificial Intelligence & Technology ETF (NASDAQ:AIQGet Free Report) reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $54.98 and last traded at $54.97, with a volume of 1373425 shares trading hands. The stock had previously closed at $53.69.

Global X Artificial Intelligence & Technology ETF Stock Up 2.4%

The firm’s 50-day simple moving average is $49.43 and its 200-day simple moving average is $50.54. The firm has a market capitalization of $8.49 billion, a PE ratio of -323.35 and a beta of 1.22.

Institutional Trading of Global X Artificial Intelligence & Technology ETF

A number of institutional investors have recently modified their holdings of the company. Comprehensive Financial Planning Inc. PA boosted its holdings in shares of Global X Artificial Intelligence & Technology ETF by 3.0% during the third quarter. Comprehensive Financial Planning Inc. PA now owns 7,569 shares of the technology ETF’s stock worth $374,000 after purchasing an additional 221 shares during the period. Gen Wealth Partners Inc boosted its holdings in shares of Global X Artificial Intelligence & Technology ETF by 86.1% during the fourth quarter. Gen Wealth Partners Inc now owns 521 shares of the technology ETF’s stock worth $26,000 after purchasing an additional 241 shares during the period. Beck Capital Management LLC boosted its holdings in shares of Global X Artificial Intelligence & Technology ETF by 5.5% during the fourth quarter. Beck Capital Management LLC now owns 6,465 shares of the technology ETF’s stock worth $329,000 after purchasing an additional 335 shares during the period. Providence First Trust Co boosted its holdings in shares of Global X Artificial Intelligence & Technology ETF by 0.6% during the third quarter. Providence First Trust Co now owns 60,695 shares of the technology ETF’s stock worth $2,998,000 after purchasing an additional 353 shares during the period. Finally, Nemes Rush Group LLC boosted its holdings in shares of 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 period. 27.02% of the stock is currently owned by hedge funds and other institutional investors.

Global X Artificial Intelligence & Technology ETF Company Profile

(Get Free Report)

Global X Artificial Intelligence & Technology ETF

See Also

Receive News & Ratings for Global X Artificial Intelligence & Technology ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Global X Artificial Intelligence & Technology ETF and related companies with MarketBeat.com's FREE daily email newsletter.