Global X Artificial Intelligence & Technology ETF (NASDAQ:AIQ) Stock Price Crosses Above 200 Day Moving Average – Here’s What Happened

Global X Artificial Intelligence & Technology ETF (NASDAQ:AIQ)’s share price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $49.29 and traded as high as $50.18. Global X Artificial Intelligence & Technology ETF shares last traded at $50.08, with a volume of 1,345,229 shares.

Global X Artificial Intelligence & Technology ETF Trading Up 3.3%

The firm has a market cap of $8.13 billion, a price-to-earnings ratio of -294.59 and a beta of 1.18. The company has a 50 day moving average of $51.45 and a 200 day moving average of $49.29.

Global X Artificial Intelligence & Technology ETF Announces Dividend

The company also recently announced a dividend, which was paid on Wednesday, January 7th. Shareholders of record on Tuesday, December 30th were issued a dividend of $0.0451 per share. This represents a yield of 18.0%. The ex-dividend date was Tuesday, December 30th. Global X Artificial Intelligence & Technology ETF’s dividend payout ratio is -52.94%.

Institutional Trading of Global X Artificial Intelligence & Technology ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. WFA of San Diego LLC bought a new stake in Global X Artificial Intelligence & Technology ETF during the second quarter worth about $26,000. Eukles Asset Management bought a new position in Global X Artificial Intelligence & Technology ETF in the 3rd quarter valued at about $27,000. Nemes Rush Group LLC lifted its holdings in Global X Artificial Intelligence & Technology ETF by 503.0% during the 3rd quarter. Nemes Rush Group LLC now owns 603 shares of the technology ETF’s stock worth $30,000 after purchasing an additional 503 shares during the last quarter. Manning & Napier Advisors LLC acquired a new position in shares of Global X Artificial Intelligence & Technology ETF in the fourth quarter valued at about $31,000. Finally, Heartwood Wealth Advisors LLC bought a new position in shares of Global X Artificial Intelligence & Technology ETF during the third quarter worth approximately $35,000. 27.02% of the stock is currently owned by institutional investors and hedge funds.

About Global X Artificial Intelligence & Technology ETF

Global X Artificial Intelligence & Technology ETF