Global X Artificial Intelligence & Technology ETF (NASDAQ:AIQ) Sees Large Volume Increase – Here’s Why

Shares of Global X Artificial Intelligence & Technology ETF (NASDAQ:AIQGet Free Report) saw an uptick in trading volume on Tuesday . Approximately 3,275,116 shares changed hands during mid-day trading, an increase of 54% from the previous session’s volume of 2,121,182 shares.The stock last traded at $62.94 and had previously closed at $62.30.

Global X Artificial Intelligence & Technology ETF Stock Performance

The company has a market capitalization of $10.96 billion, a price-to-earnings ratio of -370.82 and a beta of 1.35. The stock’s fifty day simple moving average is $62.30 and its two-hundred day simple moving average is $57.21.

Global X Artificial Intelligence & Technology ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Tuesday, July 7th. Investors 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 dividend payout ratio is currently -23.53%.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Gen Wealth Partners Inc lifted its position in shares of Global X Artificial Intelligence & Technology ETF by 86.1% during the 4th quarter. Gen Wealth Partners Inc now owns 521 shares of the technology ETF’s stock valued at $26,000 after acquiring an additional 241 shares during the last quarter. WFA of San Diego LLC acquired a new stake in shares of Global X Artificial Intelligence & Technology ETF during the second quarter worth $26,000. Manning & Napier Advisors LLC acquired a new stake in shares of Global X Artificial Intelligence & Technology ETF during the fourth quarter worth $31,000. Vestor Capital LLC purchased a new stake in shares of Global X Artificial Intelligence & Technology ETF during the fourth quarter valued at $60,000. Finally, North Star Investment Management Corp. lifted its holdings in shares of Global X Artificial Intelligence & Technology ETF by 19.3% during the first quarter. North Star Investment Management Corp. now owns 1,366 shares of the technology ETF’s stock valued at $64,000 after purchasing an additional 221 shares during the last quarter. Institutional investors own 27.02% of the company’s stock.

Global X Artificial Intelligence & Technology ETF Company Profile

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Global X Artificial Intelligence & Technology ETF

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