Global X Artificial Intelligence & Technology ETF (NASDAQ:AIQ) Shares Cross Below Two Hundred Day Moving Average – Should You Sell?

Shares of Global X Artificial Intelligence & Technology ETF (NASDAQ:AIQ – Get Free Report) passed below its two hundred day moving average during trading on Friday. The stock has a two hundred day moving average of $58.87 and traded as low as $57.94. Global X Artificial Intelligence & Technology ETF shares last traded at $58.72, with a volume of 1,054,299 shares.

Global X Artificial Intelligence & Technology ETF Stock Down 1.3%

The stock has a market capitalization of $9.39 billion, a PE ratio of -345.41 and a beta of 1.39. The company has a 50-day moving average of $63.31 and a 200 day moving average of $58.87.

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

Several large investors have recently modified their holdings of AIQ. Valley Wealth Managers Inc. raised its holdings in shares of Global X Artificial Intelligence & Technology ETF by 15.0% in the 1st quarter. Valley Wealth Managers Inc. now owns 748,911 shares of the technology ETF’s stock valued at $34,952,000 after buying an additional 97,869 shares during the period. Silverleafe Capital Partners LLC lifted its stake in Global X Artificial Intelligence & Technology ETF by 0.5% during the 2nd quarter. Silverleafe Capital Partners LLC now owns 64,832 shares of the technology ETF’s stock worth $4,254,000 after acquiring an additional 302 shares in the last quarter. Smith Moore & CO. acquired a new position in Global X Artificial Intelligence & Technology ETF during the 3rd quarter worth about $4,163,000. Harbour Investments Inc. acquired a new position in Global X Artificial Intelligence & Technology ETF during the 3rd quarter worth about $2,719,000. Finally, Carret Asset Management LLC purchased a new position in Global X Artificial Intelligence & Technology ETF during the 3rd quarter valued at about $1,714,000. Institutional investors and hedge funds own 27.02% of the company’s stock.

Global X Artificial Intelligence & Technology ETF Company Profile

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Global X Artificial Intelligence & Technology ETF

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