TrueShares Technology, AI & Deep Learning ETF (NYSEARCA:LRNZ) Trading 3.7% Higher – Here’s Why

Shares of TrueShares Technology, AI & Deep Learning ETF (NYSEARCA:LRNZ) rose 3.7% during trading on Thursday . The company traded as high as $45.36 and last traded at $45.14. Approximately 3,010 shares traded hands during trading, a decline of 51% from the average daily volume of 6,132 shares. The stock had previously closed at $43.54.

TrueShares Technology, AI & Deep Learning ETF Price Performance

The business’s 50 day simple moving average is $43.57 and its 200 day simple moving average is $40.18. The company has a market capitalization of $35.21 million, a PE ratio of 54.00 and a beta of 1.13.

Hedge Funds Weigh In On TrueShares Technology, AI & Deep Learning ETF

An institutional investor recently raised its position in TrueShares Technology, AI & Deep Learning ETF stock. Continuum Advisory LLC grew its stake in TrueShares Technology, AI & Deep Learning ETF (NYSEARCA:LRNZ) by 11.6% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 2,185 shares of the company’s stock after acquiring an additional 227 shares during the period. Continuum Advisory LLC owned about 0.21% of TrueShares Technology, AI & Deep Learning ETF worth $85,000 as of its most recent filing with the SEC.

TrueShares Technology, AI & Deep Learning ETF Company Profile

The TrueShares Technology, AI and Deep Learning ETF (LRNZ) is an exchange-traded fund that is based on the Nasdaq Composite TR index. The fund is actively managed and invests in global equities focused on artificial intelligence and deep learning. LRNZ was launched on Feb 28, 2020 and is managed by TrueShares.