Roundhill Generative AI & Technology ETF (NYSEARCA:CHAT) Shares Down 1.4% – Should You Sell?

Roundhill Generative AI & Technology ETF (NYSEARCA:CHAT) shares fell 1.4% on Thursday . The stock traded as low as $36.21 and last traded at $36.39. 33,231 shares traded hands during trading, a decline of 55% from the average session volume of 74,425 shares. The stock had previously closed at $36.90.

Roundhill Generative AI & Technology ETF Stock Down 1.4 %

The stock’s fifty day simple moving average is $40.26 and its 200-day simple moving average is $39.66. The company has a market capitalization of $254.00 million, a PE ratio of 24.50 and a beta of 1.77.

Institutional Trading of Roundhill Generative AI & Technology ETF

An institutional investor recently bought a new position in Roundhill Generative AI & Technology ETF stock. Janney Montgomery Scott LLC acquired a new position in shares of Roundhill Generative AI & Technology ETF (NYSEARCA:CHAT) in the 4th quarter, according to its most recent 13F filing with the SEC. The fund acquired 5,517 shares of the company’s stock, valued at approximately $223,000. Janney Montgomery Scott LLC owned about 0.13% of Roundhill Generative AI & Technology ETF at the end of the most recent reporting period.

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.