Lazard Next Gen Technologies ETF (NASDAQ:TEKY) Share Price Breaks Below 200 Day Moving Average – What’s Next?

Lazard Next Gen Technologies ETF (NASDAQ:TEKY)’s share price passed below its two hundred day moving average during trading on Friday. The stock has a two hundred day moving average of $41.52 and traded as low as $40.42. Lazard Next Gen Technologies ETF shares last traded at $40.3250, with a volume of 417 shares changing hands.

Lazard Next Gen Technologies ETF Trading Down 6.7%

The stock has a 50 day simple moving average of $44.62 and a 200-day simple moving average of $41.52. The firm has a market capitalization of $52.42 million, a P/E ratio of 31.49 and a beta of 1.91.

Institutional Investors Weigh In On Lazard Next Gen Technologies ETF

A hedge fund recently raised its position in Lazard Next Gen Technologies ETF stock. Richardson Capital Management LLC lifted its stake in Lazard Next Gen Technologies ETF (NASDAQ:TEKY) by 20.8% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,285 shares of the company’s stock after purchasing an additional 565 shares during the period. Richardson Capital Management LLC owned 0.25% of Lazard Next Gen Technologies ETF worth $152,000 at the end of the most recent reporting period.

About Lazard Next Gen Technologies ETF

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.