Global X Artificial Intelligence & Technology ETF (NASDAQ:AIQ) Shares Cross Above 200 Day Moving Average – Should You Sell?

by · The Markets Daily

Global X Artificial Intelligence & Technology ETF (NASDAQ:AIQ – Get Free Report)’s share price passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $53.96 and traded as high as $67.77. Global X Artificial Intelligence & Technology ETF shares last traded at $67.09, with a volume of 1,843,866 shares.

Global X Artificial Intelligence & Technology ETF Price Performance

The company has a market cap of $9.82 billion, a P/E ratio of -372.88 and a beta of 1.33. The company has a fifty day simple moving average of $61.37 and a 200-day simple moving average of $54.14.

Institutional Trading of Global X Artificial Intelligence & Technology ETF

Hedge funds and other institutional investors have recently modified their holdings of the company. Comprehensive Financial Planning Inc. PA lifted its stake in shares of Global X Artificial Intelligence & Technology ETF by 3.0% in the third quarter. Comprehensive Financial Planning Inc. PA now owns 7,569 shares of the technology ETF’s stock worth $374,000 after buying an additional 221 shares during the last quarter. North Star Investment Management Corp. lifted its position in Global X Artificial Intelligence & Technology ETF by 19.3% during the 1st quarter. North Star Investment Management Corp. now owns 1,366 shares of the technology ETF’s stock worth $64,000 after acquiring an additional 221 shares during the last quarter. Gen Wealth Partners Inc boosted its holdings in Global X Artificial Intelligence & Technology ETF by 86.1% during the fourth quarter. Gen Wealth Partners Inc now owns 521 shares of the technology ETF’s stock valued at $26,000 after acquiring an additional 241 shares during the period. Vestor Capital LLC grew its position in shares of Global X Artificial Intelligence & Technology ETF by 26.3% in the first quarter. Vestor Capital LLC now owns 1,500 shares of the technology ETF’s stock valued at $70,000 after purchasing an additional 312 shares during the last quarter. Finally, Beck Capital Management LLC increased its stake in shares of Global X Artificial Intelligence & Technology ETF by 5.5% in the fourth quarter. Beck Capital Management LLC now owns 6,465 shares of the technology ETF’s stock worth $329,000 after purchasing an additional 335 shares during the period. 27.02% of the stock is currently owned by hedge funds and other institutional investors.

About Global X Artificial Intelligence & Technology ETF

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Global X Artificial Intelligence & Technology ETF

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