ROBO Global Artificial Intelligence ETF (NYSEARCA:THNQ – Get Free Report)’s share price traded down 2.7% during mid-day trading on Friday . The company traded as low as $52.95 and last traded at $52.95. 23,447 shares traded hands during trading, a decline of 28% from the average session volume of 32,731 shares. The stock had previously closed at $54.43.
ROBO Global Artificial Intelligence ETF Stock Performance
The firm has a market capitalization of $219.74 million, a PE ratio of 43.56 and a beta of 1.59. The stock’s 50 day simple moving average is $51.68 and its two-hundred day simple moving average is $48.28.
Institutional Trading of ROBO Global Artificial Intelligence ETF
Hedge funds have recently made changes to their positions in the company. Lindbrook Capital LLC grew its holdings in shares of ROBO Global Artificial Intelligence ETF by 91.8% during the 3rd quarter. Lindbrook Capital LLC now owns 3,720 shares of the company’s stock worth $172,000 after purchasing an additional 1,780 shares during the period. LRI Investments LLC acquired a new stake in ROBO Global Artificial Intelligence ETF in the 3rd quarter valued at approximately $181,000. Hirtle Callaghan & Co LLC purchased a new stake in ROBO Global Artificial Intelligence ETF in the fourth quarter valued at approximately $389,000. Finally, Strategic Advocates LLC lifted its stake in ROBO Global Artificial Intelligence ETF by 28.6% during the fourth quarter. Strategic Advocates LLC now owns 22,921 shares of the company’s stock worth $1,123,000 after purchasing an additional 5,092 shares in the last quarter.
About ROBO Global Artificial Intelligence ETF
The Robo Global Artificial Intelligence ETF (THNQ) is an exchange-traded fund that is based on the ROBO Global Artificial Intelligence index. The fund tracks a global index of companies involved in developing the technology and the infrastructure of enabling artificial intelligence. THNQ was launched on May 11, 2020 and is managed by ROBO Global.
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