Roundhill Generative AI & Technology ETF (NYSEARCA:CHAT – Get Free Report) reached a new 52-week high during mid-day trading on Monday . The company 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 Price Performance
The firm’s 50 day simple moving average is $86.61 and its two-hundred day simple moving average is $70.79. The firm has a market capitalization of $1.91 billion, a P/E ratio of 21.50 and a beta of 1.85.
Institutional Trading of Roundhill Generative AI & Technology ETF
A number of hedge funds have recently made changes to their positions in the stock. NewEdge Advisors LLC lifted its position in Roundhill Generative AI & Technology ETF by 2,875.6% during the first quarter. NewEdge Advisors LLC now owns 6,338 shares of the company’s stock valued at $221,000 after purchasing an additional 6,125 shares during the period. JPMorgan Chase & Co. purchased a new stake in shares of Roundhill Generative AI & Technology ETF in the second quarter worth $63,000. Marshall Wace LLP bought a new position in shares of Roundhill Generative AI & Technology ETF in the second quarter worth about $312,000. Price Capital Management Inc. bought a new position in shares of Roundhill Generative AI & Technology ETF during the third quarter worth $7,894,000. Finally, Cary Street Partners Financial LLC purchased a new position in shares of Roundhill Generative AI & Technology ETF during the third quarter valued at about $558,000.
Roundhill Generative AI & Technology ETF Company Profile
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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