Lazard Next Gen Technologies ETF (NASDAQ:TEKY) Shares Up 1.5% – Still a Buy?

Shares of Lazard Next Gen Technologies ETF (NASDAQ:TEKYGet Free Report) were up 1.5% on Monday . The company traded as high as $46.14 and last traded at $45.41. Approximately 1,733 shares changed hands during trading, an increase of 95% from the average session volume of 890 shares. The stock had previously closed at $44.76.

Lazard Next Gen Technologies ETF Price Performance

The company has a 50-day simple moving average of $44.03 and a 200-day simple moving average of $39.10. The stock has a market cap of $61.36 million, a PE ratio of 31.49 and a beta of 1.98.

Hedge Funds Weigh In On Lazard Next Gen Technologies ETF

An institutional investor recently bought a new position in Lazard Next Gen Technologies ETF stock. Lazard Asset Management LLC purchased a new stake in Lazard Next Gen Technologies ETF (NASDAQ:TEKYFree Report) in the second quarter, according to the company in its most recent filing with the SEC. The firm purchased 1,150,000 shares of the company’s stock, valued at approximately $39,412,000. Lazard Asset Management LLC owned approximately 93.50% of Lazard Next Gen Technologies ETF as of its most recent SEC filing.

About Lazard Next Gen Technologies ETF

(Get Free Report)

The Lazard Next Gen Technologies ETF (TEKY) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund seeks long-term capital appreciation by actively managing a narrow portfolio of global companies involved in the developing or enabling of AI next-generation technologies. TEKY was launched on Apr 4, 2025 and is issued by Lazard.

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