ROBO Global Artificial Intelligence ETF (NYSEARCA:THNQ – Get Free Report) saw an uptick in trading volume on Wednesday . 62,601 shares changed hands during trading, an increase of 164% from the previous session’s volume of 23,753 shares.The stock last traded at $96.39 and had previously closed at $97.58.
ROBO Global Artificial Intelligence ETF Stock Performance
The business’s 50 day moving average is $88.85 and its two-hundred day moving average is $80.36. The firm has a market capitalization of $523.48 million, a PE ratio of 39.78 and a beta of 1.49.
Institutional Trading of ROBO Global Artificial Intelligence ETF
A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Janney Montgomery Scott LLC boosted its stake in ROBO Global Artificial Intelligence ETF by 66.3% in the 1st quarter. Janney Montgomery Scott LLC now owns 7,360 shares of the company’s stock worth $434,000 after purchasing an additional 2,935 shares during the period. Strategic Advocates LLC lifted its stake in ROBO Global Artificial Intelligence ETF by 4.2% in the 4th quarter. Strategic Advocates LLC now owns 31,314 shares of the company’s stock worth $2,001,000 after purchasing an additional 1,255 shares in the last quarter. Basepoint Wealth LLC purchased a new position in shares of ROBO Global Artificial Intelligence ETF during the 4th quarter valued at $38,000. Finally, Cary Street Partners Financial LLC grew its position in shares of ROBO Global Artificial Intelligence ETF by 48.8% during the 4th quarter. Cary Street Partners Financial LLC now owns 11,137 shares of the company’s stock valued at $707,000 after purchasing an additional 3,652 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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