Roundhill Generative AI & Technology ETF (NYSEARCA:CHAT – Get Free Report) saw strong trading volume on Thursday . 353,466 shares traded hands during trading, a decline of 31% from the previous session’s volume of 515,556 shares.The stock last traded at $85.00 and had previously closed at $88.42.
Roundhill Generative AI & Technology ETF Price Performance
The company has a fifty day moving average of $92.65 and a 200-day moving average of $74.87. The firm has a market cap of $1.84 billion, a P/E ratio of 21.50 and a beta of 1.84.
Hedge Funds Weigh In On Roundhill Generative AI & Technology ETF
A number of hedge funds have recently bought and sold shares of the company. Providence First Trust Co purchased a new position in Roundhill Generative AI & Technology ETF during the fourth quarter worth about $1,202,000. Janney Montgomery Scott LLC increased its stake in Roundhill Generative AI & Technology ETF by 41.4% in the 4th quarter. Janney Montgomery Scott LLC now owns 63,098 shares of the company’s stock valued at $3,720,000 after buying an additional 18,467 shares during the last quarter. Marshall Wace LLP bought a new position in shares of Roundhill Generative AI & Technology ETF during the 2nd quarter worth approximately $312,000. NewEdge Advisors LLC lifted its position in shares of Roundhill Generative AI & Technology ETF by 2,875.6% during the 1st quarter. NewEdge Advisors LLC now owns 6,338 shares of the company’s stock worth $221,000 after buying an additional 6,125 shares in the last quarter. Finally, Farther Finance Advisors LLC purchased a new position in shares of Roundhill Generative AI & Technology ETF in the 4th quarter worth approximately $321,000.
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.
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