KraneShares Artificial Intelligence and Technology ETF $AGIX Stock Sold by SBI Securities Co. Ltd.

SBI Securities Co. Ltd. reduced its position in shares of KraneShares Artificial Intelligence and Technology ETF (NASDAQ:AGIX) by 29.8% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 43,447 shares of the company’s stock after selling 18,465 shares during the quarter. SBI Securities Co. Ltd.’s holdings in KraneShares Artificial Intelligence and Technology ETF were worth $2,065,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Dynamic Advisor Solutions LLC acquired a new stake in KraneShares Artificial Intelligence and Technology ETF in the 2nd quarter valued at about $220,000. Sowell Financial Services LLC acquired a new position in KraneShares Artificial Intelligence and Technology ETF during the third quarter worth approximately $256,000. Vise Technologies Inc. acquired a new position in KraneShares Artificial Intelligence and Technology ETF during the second quarter worth approximately $275,000. HighTower Advisors LLC acquired a new position in KraneShares Artificial Intelligence and Technology ETF during the second quarter worth approximately $342,000. Finally, PCG Wealth Advisors LLC bought a new stake in KraneShares Artificial Intelligence and Technology ETF in the second quarter valued at approximately $394,000.

KraneShares Artificial Intelligence and Technology ETF Stock Up 0.7%

NASDAQ:AGIX opened at $43.19 on Friday. KraneShares Artificial Intelligence and Technology ETF has a 12-month low of $30.89 and a 12-month high of $49.90. The firm has a market capitalization of $732.07 million, a price-to-earnings ratio of 36.18 and a beta of 1.95. The stock’s 50 day moving average price is $46.10 and its two-hundred day moving average price is $44.27.

KraneShares Artificial Intelligence and Technology ETF 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.