Global X Artificial Intelligence & Technology ETF (NASDAQ:AIQ) Stock Crosses Below 200-Day Moving Average – Here’s What Happened

Global X Artificial Intelligence & Technology ETF (NASDAQ:AIQ – Get Free Report)’s share price passed below its 200-day moving average during trading on Friday. The stock has a 200-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 traded.

Global X Artificial Intelligence & Technology ETF Price Performance

The stock’s 50 day moving average is $63.31 and its two-hundred day moving average is $58.87. The stock has a market capitalization of $9.39 billion, a PE ratio of -345.41 and a beta of 1.39.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in AIQ. NFSG Corp acquired a new position in Global X Artificial Intelligence & Technology ETF during the 3rd quarter worth approximately $33,000. First Community Trust NA purchased a new stake in shares of Global X Artificial Intelligence & Technology ETF in the 3rd quarter valued at approximately $40,000. 10Elms LLP raised its holdings in shares of Global X Artificial Intelligence & Technology ETF by 48.0% in the 3rd quarter. 10Elms LLP now owns 626 shares of the technology ETF’s stock valued at $41,000 after purchasing an additional 203 shares in the last quarter. Compass Financial Management LLC acquired a new stake in shares of Global X Artificial Intelligence & Technology ETF in the 2nd quarter valued at $69,000. Finally, Steph & Co. acquired a new stake in shares of Global X Artificial Intelligence & Technology ETF in the 3rd quarter valued at $75,000. 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

Further Reading

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