Roundhill Generative AI & Technology ETF (NYSEARCA:CHAT – Get Free Report) saw an uptick in trading volume on Thursday . 353,466 shares traded hands during trading, a decline of 31% from the previous session’s volume of 515,556 shares.The stock last traded at $85.00 and had previously closed at $88.42.
Roundhill Generative AI & Technology ETF Stock Down 4.2%
The company has a 50-day simple moving average of $92.65 and a two-hundred day simple moving average of $74.87. The firm has a market cap of $1.84 billion, a PE ratio of 21.50 and a beta of 1.84.
Institutional Investors Weigh In On Roundhill Generative AI & Technology ETF
A number of hedge funds have recently made changes to their positions in CHAT. NewEdge Advisors LLC grew its position in Roundhill Generative AI & Technology ETF by 2,875.6% during the first quarter. NewEdge Advisors LLC now owns 6,338 shares of the company’s stock valued at $221,000 after buying an additional 6,125 shares during the period. JPMorgan Chase & Co. bought a new stake in Roundhill Generative AI & Technology ETF in the second quarter worth about $63,000. Marshall Wace LLP purchased a new position in Roundhill Generative AI & Technology ETF in the second quarter valued at about $312,000. Parallel Advisors LLC purchased a new position in Roundhill Generative AI & Technology ETF in the third quarter valued at about $38,000. Finally, Integrated Wealth Concepts LLC bought a new position in shares of Roundhill Generative AI & Technology ETF during the 3rd quarter valued at approximately $255,000.
About Roundhill Generative AI & Technology ETF
The Roundhill Generative AI & Technology ETF (CHAT) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed fund that invests in 25 to 50 companies around the world that are involved in generative artificial intelligence and other related technologies. CHAT was launched on May 18, 2023 and is managed by Roundhill.
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