Global X Artificial Intelligence & Technology ETF (NASDAQ:AIQ) Reaches New 12-Month High – Still a Buy?

Global X Artificial Intelligence & Technology ETF (NASDAQ:AIQGet Free Report) shares hit a new 52-week high during trading on Tuesday . The company traded as high as $42.92 and last traded at $42.94, with a volume of 308428 shares changing hands. The stock had previously closed at $41.96.

Global X Artificial Intelligence & Technology ETF Stock Up 2.6%

The company has a market capitalization of $3.36 billion, a PE ratio of -253.35 and a beta of 1.13. The stock has a 50-day moving average of $39.26 and a 200 day moving average of $38.95.

Institutional Trading of Global X Artificial Intelligence & Technology ETF

Institutional investors and hedge funds have recently modified their holdings of the business. Elevation Wealth Partners LLC purchased a new stake in shares of Global X Artificial Intelligence & Technology ETF during the first quarter valued at approximately $27,000. Accredited Wealth Management LLC bought a new position in Global X Artificial Intelligence & Technology ETF during the fourth quarter valued at $29,000. Hurley Capital LLC bought a new position in Global X Artificial Intelligence & Technology ETF during the fourth quarter valued at $31,000. Capital Investment Advisory Services LLC grew its holdings in Global X Artificial Intelligence & Technology ETF by 987.7% during the first quarter. Capital Investment Advisory Services LLC now owns 881 shares of the technology ETF’s stock valued at $32,000 after purchasing an additional 800 shares during the period. Finally, Cornerstone Planning Group LLC bought a new position in Global X Artificial Intelligence & Technology ETF during the first quarter valued at $35,000. 27.02% of the stock is owned by hedge funds and other institutional investors.

About Global X Artificial Intelligence & Technology ETF

(Get Free Report)

Global X Artificial Intelligence & Technology ETF

See Also

Receive News & Ratings for Global X Artificial Intelligence & Technology ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Global X Artificial Intelligence & Technology ETF and related companies with MarketBeat.com's FREE daily email newsletter.