Global X Artificial Intelligence & Technology ETF (NASDAQ:AIQ) Shares Cross Above 200 Day Moving Average – What’s Next?

Shares of Global X Artificial Intelligence & Technology ETF (NASDAQ:AIQ) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $59.21 and traded as high as $66.41. Global X Artificial Intelligence & Technology ETF shares last traded at $66.31, with a volume of 1,420,907 shares.

Global X Artificial Intelligence & Technology ETF Stock Performance

The firm has a market capitalization of $11.47 billion, a P/E ratio of -388.18 and a beta of 1.35. The stock’s 50 day simple moving average is $62.39 and its 200 day simple moving average is $59.33.

Global X Artificial Intelligence & Technology ETF Dividend Announcement

The business also recently disclosed a semiannual dividend, which was paid on Tuesday, July 7th. Investors of record on Monday, June 29th were paid a dividend of $0.0005 per share. The ex-dividend date was Monday, June 29th. Global X Artificial Intelligence & Technology ETF’s dividend payout ratio is -23.53%.

Hedge Funds Weigh In On Global X Artificial Intelligence & Technology ETF

Institutional investors and hedge funds have recently bought and sold shares of the company. Valley Wealth Managers Inc. increased its stake in Global X Artificial Intelligence & Technology ETF by 15.0% during the 1st quarter. Valley Wealth Managers Inc. now owns 748,911 shares of the technology ETF’s stock valued at $34,952,000 after purchasing an additional 97,869 shares in the last quarter. Fiduciary Alliance LLC grew its holdings in shares of Global X Artificial Intelligence & Technology ETF by 5.1% during the first quarter. Fiduciary Alliance LLC now owns 69,009 shares of the technology ETF’s stock valued at $3,221,000 after buying an additional 3,327 shares during the last quarter. Silverleafe Capital Partners LLC increased its position in shares of Global X Artificial Intelligence & Technology ETF by 0.5% in the 2nd quarter. Silverleafe Capital Partners LLC now owns 64,832 shares of the technology ETF’s stock valued at $4,254,000 after acquiring an additional 302 shares during the period. Carret Asset Management LLC raised its stake in Global X Artificial Intelligence & Technology ETF by 3.6% in the 4th quarter. Carret Asset Management LLC now owns 28,363 shares of the technology ETF’s stock worth $1,443,000 after acquiring an additional 993 shares during the last quarter. Finally, Nations Financial Group Inc. IA ADV raised its stake in Global X Artificial Intelligence & Technology ETF by 11.5% in the 1st quarter. Nations Financial Group Inc. IA ADV now owns 20,663 shares of the technology ETF’s stock worth $964,000 after acquiring an additional 2,136 shares during the last quarter. 27.02% of the stock is owned by hedge funds and other institutional investors.

About Global X Artificial Intelligence & Technology ETF

Global X Artificial Intelligence & Technology ETF