Roundhill Generative AI & Technology ETF (NYSEARCA:CHAT) Sets New 52-Week High – What’s Next?

Roundhill Generative AI & Technology ETF (NYSEARCA:CHAT)’s share price reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $104.97 and last traded at $104.44, with a volume of 94497 shares traded. The stock had previously closed at $102.34.

Roundhill Generative AI & Technology ETF Trading Down 7.4%

The stock’s 50 day moving average price is $87.86 and its 200 day moving average price is $71.34. The firm has a market cap of $1.78 billion, a PE ratio of 21.50 and a beta of 1.85.

Institutional Trading of Roundhill Generative AI & Technology ETF

Several large investors have recently added to or reduced their stakes in CHAT. Vestor Capital LLC increased its holdings in Roundhill Generative AI & Technology ETF by 7,712.5% in the 1st quarter. Vestor Capital LLC now owns 1,250 shares of the company’s stock valued at $77,000 after purchasing an additional 1,234 shares in the last quarter. Janney Montgomery Scott LLC lifted its stake in shares of Roundhill Generative AI & Technology ETF by 15.1% during the first quarter. Janney Montgomery Scott LLC now owns 72,650 shares of the company’s stock worth $4,493,000 after purchasing an additional 9,552 shares in the last quarter. NewEdge Advisors LLC boosted its position in shares of Roundhill Generative AI & Technology ETF by 14.7% in the fourth quarter. NewEdge Advisors LLC now owns 3,897 shares of the company’s stock worth $230,000 after buying an additional 500 shares during the period. Berbice Capital Management LLC boosted its position in shares of Roundhill Generative AI & Technology ETF by 89.1% in the fourth quarter. Berbice Capital Management LLC now owns 10,806 shares of the company’s stock worth $637,000 after buying an additional 5,091 shares during the period. Finally, Valeo Financial Advisors LLC boosted its position in shares of Roundhill Generative AI & Technology ETF by 37.1% in the fourth quarter. Valeo Financial Advisors LLC now owns 11,973 shares of the company’s stock worth $706,000 after buying an additional 3,237 shares during the period.

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.