TrueShares Technology, AI & Deep Learning ETF (BATS:LRNZ) Stock Price Break Above 200 Day Moving Average – What’s Next?

TrueShares Technology, AI & Deep Learning ETF (BATS:LRNZ)’s share price passed above its 200-day moving average during trading on Monday. The stock has a 200-day moving average of $54.73 and traded as high as $57.84. TrueShares Technology, AI & Deep Learning ETF shares last traded at $57.57, with a volume of 29,231 shares trading hands.

TrueShares Technology, AI & Deep Learning ETF Stock Up 3.2%

The stock has a market cap of $39.57 million, a price-to-earnings ratio of 40.05 and a beta of 1.36. The company has a 50 day simple moving average of $64.00 and a 200 day simple moving average of $54.84.

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in TrueShares Technology, AI & Deep Learning ETF stock. Continuum Advisory LLC acquired a new position in TrueShares Technology, AI & Deep Learning ETF (BATS:LRNZ) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 4,517 shares of the company’s stock, valued at approximately $291,000. Continuum Advisory LLC owned approximately 0.69% of TrueShares Technology, AI & Deep Learning ETF as of its most recent filing with the Securities & Exchange Commission.

About TrueShares Technology, AI & Deep Learning ETF

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.