Global X Artificial Intelligence & Technology ETF (NASDAQ:AIQ) Share Price Breaks Above 200 Day Moving Average – Here’s Why

Global X Artificial Intelligence & Technology ETF (NASDAQ:AIQ – Get Free Report)’s stock price passed above its 200-day moving average during trading on Monday. The stock has a 200-day moving average of $61.62 and traded as high as $63.51. Global X Artificial Intelligence & Technology ETF shares last traded at $62.96, with a volume of 829,565 shares changing hands.

Global X Artificial Intelligence & Technology ETF Stock Performance

The stock has a market cap of $10.24 billion, a P/E ratio of -376.47 and a beta of 1.36. The stock has a 50-day moving average price of $64.42 and a 200-day moving average price of $61.73.

Institutional Investors Weigh In On Global X Artificial Intelligence & Technology ETF

A number of institutional investors and hedge funds have recently bought and sold shares of AIQ. Valley Wealth Managers Inc. lifted its holdings in shares of Global X Artificial Intelligence & Technology ETF by 15.0% during the 1st quarter. Valley Wealth Managers Inc. now owns 748,911 shares of the technology ETF’s stock worth $34,952,000 after acquiring an additional 97,869 shares during the last quarter. Fiduciary Alliance LLC increased its stake in Global X Artificial Intelligence & Technology ETF by 5.1% in the first quarter. Fiduciary Alliance LLC now owns 69,009 shares of the technology ETF’s stock valued at $3,221,000 after acquiring an additional 3,327 shares during the last quarter. Silverleafe Capital Partners LLC increased its stake in Global X Artificial Intelligence & Technology ETF by 0.5% in the second quarter. Silverleafe Capital Partners LLC now owns 64,832 shares of the technology ETF’s stock valued at $4,254,000 after acquiring an additional 302 shares during the last quarter. Nations Financial Group Inc. IA ADV increased its stake in Global X Artificial Intelligence & Technology ETF by 11.5% in the first quarter. Nations Financial Group Inc. IA ADV now owns 20,663 shares of the technology ETF’s stock valued at $964,000 after acquiring an additional 2,136 shares during the last quarter. Finally, Somerset Trust Co purchased a new stake in Global X Artificial Intelligence & Technology ETF during the second quarter valued at about $989,000. 27.02% of the stock is owned by hedge funds and other institutional investors.

Global X Artificial Intelligence & Technology ETF Company Profile

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Global X Artificial Intelligence & Technology ETF

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