Xtrackers Artificial Intelligence and Big Data ETF (NASDAQ:XAIX) Stock Falls 6% – Time to Sell?

Xtrackers Artificial Intelligence and Big Data ETF (NASDAQ:XAIX – Get Free Report) was down 6% during trading on Thursday. The stock traded as low as $50.53 and last traded at $50.70. Approximately 27,486 shares traded hands during trading, an increase of 22% from the average daily volume of 22,529 shares. The stock had previously closed at $53.96.

Xtrackers Artificial Intelligence and Big Data ETF Price Performance

The business’s fifty day moving average price is $57.24 and its 200 day moving average price is $51.36. The stock has a market cap of $141.16 million, a P/E ratio of 24.06 and a beta of 1.80.

About Xtrackers Artificial Intelligence and Big Data ETF

(Get Free Report)

The Xtrackers Artificial Intelligence and Big Data ETF (XAIX) is an exchange-traded fund that is based on the Nasdaq Global AI and Big Data index. The fund tracks a market cap-weighted index of companies with exposure to the broad theme of artificial intelligence and big data. The funds selection process considers its tie to specific sub-themes and various factors. XAIX was launched on Aug 2, 2024 and is issued by Xtrackers.

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