TrueShares Technology, AI & Deep Learning ETF (NYSEARCA:LRNZ) Stock Pass Above 50-Day Moving Average – Should You Sell?

Shares of TrueShares Technology, AI & Deep Learning ETF (NYSEARCA:LRNZ) crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $39.25 and traded as high as $42.22. TrueShares Technology, AI & Deep Learning ETF shares last traded at $42.22, with a volume of 1,775 shares trading hands.

TrueShares Technology, AI & Deep Learning ETF Price Performance

The business has a 50-day simple moving average of $39.25 and a 200-day simple moving average of $38.26. The firm has a market capitalization of $44.75 million, a PE ratio of 113.58 and a beta of 1.69.

Institutional Investors Weigh In On TrueShares Technology, AI & Deep Learning ETF

An institutional investor recently bought a new position in TrueShares Technology, AI & Deep Learning ETF stock. Continuum Advisory LLC acquired a new stake in shares of TrueShares Technology, AI & Deep Learning ETF (NYSEARCA:LRNZ) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,958 shares of the company’s stock, valued at approximately $79,000. Continuum Advisory LLC owned 0.18% of TrueShares Technology, AI & Deep Learning ETF at the end of the most recent reporting period.

TrueShares Technology, AI & Deep Learning ETF Company Profile

The TrueShares Technology, AI and Deep Learning ETF (LRNZ) is an exchange-traded fund that is based on the Nasdaq Composite TR index. The fund is actively managed and invests in global equities focused on artificial intelligence and deep learning. LRNZ was launched on Feb 28, 2020 and is managed by TrueShares.