TrueShares Technology, AI & Deep Learning ETF (NYSEARCA:LRNZ) Trading 0.5% Higher – Still a Buy?

Shares of TrueShares Technology, AI & Deep Learning ETF (NYSEARCA:LRNZ) traded up 0.5% during mid-day trading on Monday . The company traded as high as $58.46 and last traded at $57.78. 2,192 shares changed hands during mid-day trading, a decline of 49% from the average session volume of 4,275 shares. The stock had previously closed at $57.50.

TrueShares Technology, AI & Deep Learning ETF Trading Down 1.8%

The business has a 50 day moving average of $48.84 and a 200-day moving average of $46.40. The stock has a market cap of $38.80 million, a PE ratio of 54.00 and a beta of 1.38.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in TrueShares Technology, AI & Deep Learning ETF stock. Triumph Capital Management purchased a new position in shares of TrueShares Technology, AI & Deep Learning ETF (NYSEARCA:LRNZ) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 2,358 shares of the company’s stock, valued at approximately $107,000. Triumph Capital Management owned 0.32% of TrueShares Technology, AI & Deep Learning ETF as of its most recent SEC filing.

TrueShares Technology, AI & Deep Learning ETF Company Profile

The TrueShares Technology, AI and Deep Learning ETF (LRNZ) is an exchange-traded fund that is based on the Nasdaq Composite TR index. The fund is actively managed and invests in global equities focused on artificial intelligence and deep learning. LRNZ was launched on Feb 28, 2020 and is managed by TrueShares.