Xtrackers Artificial Intelligence and Big Data ETF (NASDAQ:XAIX) Trading 0.4% Higher – What’s Next?

Xtrackers Artificial Intelligence and Big Data ETF (NASDAQ:XAIX)’s stock price traded up 0.4% during mid-day trading on Wednesday . The company traded as high as $42.68 and last traded at $42.26. 11,067 shares were traded during trading, a decline of 49% from the average session volume of 21,678 shares. The stock had previously closed at $42.11.

Xtrackers Artificial Intelligence and Big Data ETF Price Performance

The company has a market cap of $98.47 million, a price-to-earnings ratio of 24.06 and a beta of 1.34. The firm has a 50-day moving average price of $42.87 and a 200 day moving average price of $42.20.

Xtrackers Artificial Intelligence and Big Data ETF Announces Dividend

The company also recently declared a dividend, which was paid on Monday, December 29th. Investors of record on Friday, December 19th were paid a $0.1225 dividend. The ex-dividend date was Friday, December 19th.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Xtrackers Artificial Intelligence and Big Data ETF stock. Pinnacle Wealth Management Advisory Group LLC bought a new position in shares of Xtrackers Artificial Intelligence and Big Data ETF (NASDAQ:XAIX) in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 20,625 shares of the company’s stock, valued at approximately $856,000. Pinnacle Wealth Management Advisory Group LLC owned approximately 1.01% of Xtrackers Artificial Intelligence and Big Data ETF as of its most recent filing with the Securities & Exchange Commission.

About Xtrackers Artificial Intelligence and Big Data ETF

The Xtrackers Artificial Intelligence and Big Data ETF (XAIX) is an exchange-traded fund that is based on the Nasdaq Global AI and Big Data index. The fund tracks a market cap-weighted index of companies with exposure to the broad theme of artificial intelligence and big data. The funds selection process considers its tie to specific sub-themes and various factors. XAIX was launched on Aug 2, 2024 and is issued by Xtrackers.