Roundhill Generative AI & Technology ETF (NYSEARCA:CHAT – Get Free Report) shares saw an uptick in trading volume on Monday . 982,298 shares were traded during mid-day trading, an increase of 157% from the previous session’s volume of 382,915 shares.The stock last traded at $80.60 and had previously closed at $79.30.
Roundhill Generative AI & Technology ETF Stock Up 1.4%
The company’s fifty day simple moving average is $67.35 and its two-hundred day simple moving average is $63.71. The company has a market capitalization of $1.48 billion, a price-to-earnings ratio of 21.50 and a beta of 1.75.
Institutional Investors Weigh In On Roundhill Generative AI & Technology ETF
Several hedge funds have recently bought and sold shares of CHAT. NewEdge Advisors LLC raised its holdings in Roundhill Generative AI & Technology ETF by 2,875.6% in the first quarter. NewEdge Advisors LLC now owns 6,338 shares of the company’s stock worth $221,000 after purchasing an additional 6,125 shares during the period. JPMorgan Chase & Co. acquired a new stake in Roundhill Generative AI & Technology ETF in the second quarter worth $63,000. Marshall Wace LLP acquired a new stake in shares of Roundhill Generative AI & Technology ETF during the second quarter worth $312,000. Valeo Financial Advisors LLC acquired a new stake in shares of Roundhill Generative AI & Technology ETF during the third quarter worth $537,000. Finally, Price Capital Management Inc. acquired a new stake in shares of Roundhill Generative AI & Technology ETF during the third quarter worth $7,894,000.
About Roundhill Generative AI & Technology ETF
The Roundhill Generative AI & Technology ETF (CHAT) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed fund that invests in 25 to 50 companies around the world that are involved in generative artificial intelligence and other related technologies. CHAT was launched on May 18, 2023 and is managed by Roundhill.
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