Roundhill Generative AI & Technology ETF (NYSEARCA:CHAT) Trading Up 2.2% – Here’s Why

Roundhill Generative AI & Technology ETF (NYSEARCA:CHAT) rose 2.2% during trading on Wednesday . The stock traded as high as $41.70 and last traded at $41.59. Approximately 42,129 shares changed hands during trading, a decline of 39% from the average daily volume of 69,303 shares. The stock had previously closed at $40.68.

Roundhill Generative AI & Technology ETF Stock Performance

The stock’s 50 day moving average is $40.89 and its 200 day moving average is $38.01. The company has a market capitalization of $171.77 million, a PE ratio of 37.73 and a beta of 1.77.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Roundhill Generative AI & Technology ETF stock. Flow Traders U.S. LLC purchased a new stake in shares of Roundhill Generative AI & Technology ETF (NYSEARCA:CHAT) in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 25,421 shares of the company’s stock, valued at approximately $951,000. Flow Traders U.S. LLC owned 0.62% of Roundhill Generative AI & Technology ETF as of its most recent SEC filing.

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.