KraneShares Artificial Intelligence and Technology ETF (NASDAQ:AGIX) Stock Price Down 1.3% – Should You Sell?

KraneShares Artificial Intelligence and Technology ETF (NASDAQ:AGIX) traded down 1.3% during mid-day trading on Monday . The company traded as low as $42.40 and last traded at $43.02. 333,961 shares changed hands during mid-day trading, an increase of 81% from the average session volume of 184,323 shares. The stock had previously closed at $43.60.

KraneShares Artificial Intelligence and Technology ETF Price Performance

The stock has a market cap of $369.97 million, a PE ratio of 36.18 and a beta of 1.78. The business has a fifty day moving average of $37.03 and a 200-day moving average of $36.38.

Institutional Trading of KraneShares Artificial Intelligence and Technology ETF

Large investors have recently modified their holdings of the company. ORG Partners LLC purchased a new stake in shares of KraneShares Artificial Intelligence and Technology ETF in the fourth quarter valued at approximately $36,000. Noble Wealth Management PBC purchased a new stake in shares of KraneShares Artificial Intelligence and Technology ETF in the fourth quarter valued at approximately $37,000. Ankerstar Wealth LLC purchased a new stake in shares of KraneShares Artificial Intelligence and Technology ETF in the fourth quarter valued at approximately $184,000. Advisory Services Network LLC purchased a new stake in shares of KraneShares Artificial Intelligence and Technology ETF in the third quarter valued at approximately $206,000. Finally, Resolute Wealth Strategies LLC purchased a new stake in shares of KraneShares Artificial Intelligence and Technology ETF in the fourth quarter valued at approximately $225,000.

KraneShares Artificial Intelligence and Technology ETF Company Profile

The KraneShares Artificial Intelligence & Technology ETF (AGIX) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund uses an index as a guide to select stocks globally that are involved in developing and applying artificial intelligence technologies. The fund has the ability to invest in both listed and private AI companies AGIX was launched on Jul 18, 2024 and is issued by KraneShares.