TrueShares Technology, AI & Deep Learning ETF (NYSEARCA:LRNZ) Trading Down 3.6% – Time to Sell?

TrueShares Technology, AI & Deep Learning ETF (NYSEARCA:LRNZ) were down 3.6% on Thursday . The company traded as low as $45.73 and last traded at $46.14. Approximately 9,659 shares were traded during trading, an increase of 224% from the average daily volume of 2,977 shares. The stock had previously closed at $47.85.

TrueShares Technology, AI & Deep Learning ETF Stock Performance

The business has a fifty day simple moving average of $47.66 and a 200-day simple moving average of $46.52. The firm has a market cap of $32.30 million, a price-to-earnings ratio of 54.00 and a beta of 1.25.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in TrueShares Technology, AI & Deep Learning ETF stock. Triumph Capital Management bought a new position in shares of TrueShares Technology, AI & Deep Learning ETF (NYSEARCA:LRNZ) in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 2,358 shares of the company’s stock, valued at approximately $107,000. Triumph Capital Management owned about 0.32% of TrueShares Technology, AI & Deep Learning ETF as of its most recent SEC filing.

About TrueShares Technology, AI & Deep Learning ETF

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.