Global X Artificial Intelligence & Technology ETF (NASDAQ:AIQ) Sees Unusually-High Trading Volume – What’s Next?

Shares of Global X Artificial Intelligence & Technology ETF (NASDAQ:AIQ) saw unusually-high trading volume on Tuesday . 3,275,116 shares traded hands during trading, an increase of 54% from the previous session’s volume of 2,121,182 shares.The stock last traded at $62.94 and had previously closed at $62.30.

Global X Artificial Intelligence & Technology ETF Stock Performance

The firm has a market capitalization of $10.96 billion, a P/E ratio of -371.00 and a beta of 1.35. The company has a 50-day moving average price of $62.25 and a 200-day moving average price of $57.41.

Global X Artificial Intelligence & Technology ETF Announces Dividend

The business also recently announced a dividend, which was paid on Tuesday, July 7th. Shareholders of record on Monday, June 29th were paid a $0.0005 dividend. The ex-dividend date of this dividend was Monday, June 29th. Global X Artificial Intelligence & Technology ETF’s dividend payout ratio is presently -23.53%.

Hedge Funds Weigh In On Global X Artificial Intelligence & Technology ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in AIQ. North Star Investment Management Corp. grew its stake in shares of Global X Artificial Intelligence & Technology ETF by 19.3% in the first quarter. North Star Investment Management Corp. now owns 1,366 shares of the technology ETF’s stock valued at $64,000 after buying an additional 221 shares in the last quarter. Gen Wealth Partners Inc increased its holdings in Global X Artificial Intelligence & Technology ETF by 86.1% during the fourth quarter. Gen Wealth Partners Inc now owns 521 shares of the technology ETF’s stock worth $26,000 after buying an additional 241 shares during the last quarter. Silverleafe Capital Partners LLC raised its position in Global X Artificial Intelligence & Technology ETF by 0.5% during the second quarter. Silverleafe Capital Partners LLC now owns 64,832 shares of the technology ETF’s stock worth $4,254,000 after acquiring an additional 302 shares in the last quarter. Vestor Capital LLC raised its position in Global X Artificial Intelligence & Technology ETF by 26.3% during the first quarter. Vestor Capital LLC now owns 1,500 shares of the technology ETF’s stock worth $70,000 after acquiring an additional 312 shares in the last quarter. Finally, Beck Capital Management LLC raised its position in Global X Artificial Intelligence & Technology ETF by 5.5% during the fourth quarter. Beck Capital Management LLC now owns 6,465 shares of the technology ETF’s stock worth $329,000 after acquiring an additional 335 shares in the last quarter. Institutional investors own 27.02% of the company’s stock.

About Global X Artificial Intelligence & Technology ETF

Global X Artificial Intelligence & Technology ETF