Price Capital Management Inc. Takes $7.89 Million Position in Roundhill Generative AI & Technology ETF $CHAT

Price Capital Management Inc. bought a new stake in shares of Roundhill Generative AI & Technology ETF (NYSEARCA:CHAT) during the 3rd quarter, HoldingsChannel.com reports. The fund bought 128,280 shares of the company’s stock, valued at approximately $7,894,000. Roundhill Generative AI & Technology ETF makes up about 9.3% of Price Capital Management Inc.’s holdings, making the stock its 2nd largest position.

Other institutional investors have also bought and sold shares of the company. Valeo Financial Advisors LLC bought a new position in Roundhill Generative AI & Technology ETF during the 3rd quarter valued at $537,000. Jackson Wealth Management LLC bought a new stake in shares of Roundhill Generative AI & Technology ETF in the 3rd quarter worth $214,000. Marshall Wace LLP bought a new stake in shares of Roundhill Generative AI & Technology ETF in the 2nd quarter worth $312,000. JPMorgan Chase & Co. purchased a new stake in shares of Roundhill Generative AI & Technology ETF in the second quarter valued at about $63,000. Finally, NewEdge Advisors LLC lifted its position in shares of Roundhill Generative AI & Technology ETF by 2,875.6% during the first quarter. NewEdge Advisors LLC now owns 6,338 shares of the company’s stock valued at $221,000 after purchasing an additional 6,125 shares in the last quarter.

Roundhill Generative AI & Technology ETF Stock Performance

Roundhill Generative AI & Technology ETF stock opened at $66.31 on Monday. Roundhill Generative AI & Technology ETF has a fifty-two week low of $28.96 and a fifty-two week high of $68.12. The firm’s 50-day simple moving average is $61.30 and its 200 day simple moving average is $60.41. The stock has a market cap of $1.11 billion, a PE ratio of 21.50 and a beta of 1.63.

About Roundhill Generative AI & Technology ETF

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.