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

Global X Artificial Intelligence & Technology ETF (NASDAQ:AIQGet Free Report)’s share price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $56.52 and traded as high as $63.74. Global X Artificial Intelligence & Technology ETF shares last traded at $63.20, with a volume of 570,379 shares traded.

Global X Artificial Intelligence & Technology ETF Trading Up 1.3%

The firm has a market capitalization of $11.23 billion, a P/E ratio of -380.12 and a beta of 1.35. The business’s 50 day simple moving average is $62.44 and its two-hundred day simple moving average is $56.60.

Global X Artificial Intelligence & Technology ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Tuesday, July 7th. Investors of record on Monday, June 29th were given 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 -23.53%.

Institutional Trading of Global X Artificial Intelligence & Technology ETF

A number of institutional investors and hedge funds have recently modified their holdings of the business. JPMorgan Chase & Co. lifted its position in Global X Artificial Intelligence & Technology ETF by 2.6% during the fourth quarter. JPMorgan Chase & Co. now owns 1,531,632 shares of the technology ETF’s stock valued at $77,899,000 after purchasing an additional 39,357 shares during the period. Valley Wealth Managers Inc. raised its stake in 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 valued at $34,952,000 after buying an additional 97,869 shares during the last quarter. Janney Montgomery Scott LLC raised its stake in Global X Artificial Intelligence & Technology ETF by 27.7% during the 4th quarter. Janney Montgomery Scott LLC now owns 141,789 shares of the technology ETF’s stock valued at $7,211,000 after buying an additional 30,723 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of Global X Artificial Intelligence & Technology ETF by 16.0% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 75,652 shares of the technology ETF’s stock valued at $2,752,000 after buying an additional 10,407 shares during the period. Finally, Fiduciary Alliance LLC lifted its holdings in shares of Global X Artificial Intelligence & Technology ETF by 5.1% during the 1st quarter. Fiduciary Alliance LLC now owns 69,009 shares of the technology ETF’s stock valued at $3,221,000 after buying an additional 3,327 shares during the period. Institutional investors own 27.02% of the company’s stock.

About Global X Artificial Intelligence & Technology ETF

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Global X Artificial Intelligence & Technology ETF

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