Global X Artificial Intelligence & Technology ETF (NASDAQ:AIQ) Share Price Passes Above 200-Day Moving Average – What’s Next?

Global X Artificial Intelligence & Technology ETF (NASDAQ:AIQGet Free Report)’s stock price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $55.27 and traded as high as $62.25. Global X Artificial Intelligence & Technology ETF shares last traded at $61.30, with a volume of 1,899,667 shares changing hands.

Global X Artificial Intelligence & Technology ETF Stock Performance

The stock’s 50-day simple moving average is $63.79 and its 200-day simple moving average is $55.35. The firm has a market capitalization of $9.73 billion, a PE ratio of -359.53 and a beta of 1.33.

Global X Artificial Intelligence & Technology ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Tuesday, July 7th. Stockholders of record on Monday, June 29th were paid a dividend of $0.0005 per share. The ex-dividend date of this dividend was Monday, June 29th. Global X Artificial Intelligence & Technology ETF’s payout ratio is presently -23.53%.

Hedge Funds Weigh In On Global X Artificial Intelligence & Technology ETF

Hedge funds and other institutional investors have recently modified their holdings of the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in Global X Artificial Intelligence & Technology ETF by 16.0% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 75,652 shares of the technology ETF’s stock worth $2,752,000 after buying an additional 10,407 shares during the period. Baird Financial Group Inc. raised its position in shares of Global X Artificial Intelligence & Technology ETF by 34.0% in the 2nd quarter. Baird Financial Group Inc. now owns 30,520 shares of the technology ETF’s stock worth $1,333,000 after acquiring an additional 7,738 shares in the last quarter. Marshall Wace LLP bought a new position in shares of Global X Artificial Intelligence & Technology ETF in the 2nd quarter worth approximately $932,000. BNP Paribas Financial Markets raised its position in shares of Global X Artificial Intelligence & Technology ETF by 15,471.7% in the 2nd quarter. BNP Paribas Financial Markets now owns 7,163 shares of the technology ETF’s stock worth $313,000 after acquiring an additional 7,117 shares in the last quarter. Finally, WFA of San Diego LLC purchased a new position in shares of Global X Artificial Intelligence & Technology ETF in the 2nd quarter valued at approximately $26,000. Hedge funds and other institutional investors own 27.02% of the company’s stock.

About Global X Artificial Intelligence & Technology ETF

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Global X Artificial Intelligence & Technology ETF

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