Providence First Trust Co bought a new stake in Roundhill Generative AI & Technology ETF (NYSEARCA:CHAT – Free Report) during the fourth quarter, HoldingsChannel.com reports. The institutional investor bought 20,386 shares of the company’s stock, valued at approximately $1,202,000.
Several other large investors have also modified their holdings of CHAT. Morse Asset Management Inc purchased a new stake in shares of Roundhill Generative AI & Technology ETF during the third quarter worth approximately $26,000. Parallel Advisors LLC purchased a new position in Roundhill Generative AI & Technology ETF in the 3rd quarter valued at $38,000. IFP Advisors Inc increased its stake in Roundhill Generative AI & Technology ETF by 29.4% in the 3rd quarter. IFP Advisors Inc now owns 828 shares of the company’s stock valued at $51,000 after buying an additional 188 shares during the period. JPMorgan Chase & Co. purchased a new position in Roundhill Generative AI & Technology ETF during the 2nd quarter worth $63,000. Finally, Flagship Harbor Advisors LLC acquired a new position in shares of Roundhill Generative AI & Technology ETF during the fourth quarter worth about $77,000.
Roundhill Generative AI & Technology ETF Stock Up 2.4%
NYSEARCA CHAT opened at $82.34 on Wednesday. The stock has a market capitalization of $1.52 billion, a P/E ratio of 21.50 and a beta of 1.74. Roundhill Generative AI & Technology ETF has a 52-week low of $36.64 and a 52-week high of $82.90. The firm has a 50-day moving average price of $67.67 and a 200 day moving average price of $63.85.
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.
Further Reading
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