ROBO Global Artificial Intelligence ETF (NYSEARCA:THNQ) Trading Up 0.5% – What’s Next?

ROBO Global Artificial Intelligence ETF (NYSEARCA:THNQ)’s stock price traded up 0.5% during trading on Tuesday . The company traded as high as $71.54 and last traded at $70.06. 11,218 shares changed hands during trading, a decline of 33% from the average session volume of 16,746 shares. The stock had previously closed at $69.69.

ROBO Global Artificial Intelligence ETF Stock Up 0.5%

The company’s 50 day moving average price is $62.28 and its two-hundred day moving average price is $64.07. The stock has a market cap of $317.37 million, a P/E ratio of 39.78 and a beta of 1.36.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the company. Basepoint Wealth LLC bought a new stake in shares of ROBO Global Artificial Intelligence ETF in the fourth quarter valued at about $38,000. Strategic Advocates LLC lifted its stake in ROBO Global Artificial Intelligence ETF by 4.2% in the third quarter. Strategic Advocates LLC now owns 30,059 shares of the company’s stock worth $1,925,000 after acquiring an additional 1,225 shares during the period. GPS Wealth Strategies Group LLC bought a new position in ROBO Global Artificial Intelligence ETF during the 3rd quarter worth about $92,000. NewEdge Advisors LLC bought a new position in ROBO Global Artificial Intelligence ETF during the 3rd quarter worth about $159,000. Finally, Cary Street Partners Financial LLC increased its position in ROBO Global Artificial Intelligence ETF by 48.8% during the 4th quarter. Cary Street Partners Financial LLC now owns 11,137 shares of the company’s stock valued at $707,000 after purchasing an additional 3,652 shares during the period.

About ROBO Global Artificial Intelligence ETF

The Robo Global Artificial Intelligence ETF (THNQ) is an exchange-traded fund that is based on the ROBO Global Artificial Intelligence index. The fund tracks a global index of companies involved in developing the technology and the infrastructure of enabling artificial intelligence. THNQ was launched on May 11, 2020 and is managed by ROBO Global.