ROBO Global Artificial Intelligence ETF (NYSEARCA:THNQ) Shares Down 0.4%

ROBO Global Artificial Intelligence ETF (NYSEARCA:THNQ)’s stock price fell 0.4% on Thursday . The company traded as low as $40.64 and last traded at $41.45. 17,674 shares traded hands during mid-day trading, a decline of 44% from the average session volume of 31,427 shares. The stock had previously closed at $41.60.

ROBO Global Artificial Intelligence ETF Stock Performance

The company has a market capitalization of $172.02 million, a price-to-earnings ratio of 44.34 and a beta of 1.55. The company has a fifty day simple moving average of $43.27 and a two-hundred day simple moving average of $40.27.

Hedge Funds Weigh In On ROBO Global Artificial Intelligence ETF

A hedge fund recently bought a new stake in ROBO Global Artificial Intelligence ETF stock. Lindbrook Capital LLC bought a new position in shares of ROBO Global Artificial Intelligence ETF (NYSEARCA:THNQ) in the first quarter, according to the company in its most recent filing with the SEC. The fund bought 1,940 shares of the company’s stock, valued at approximately $86,000.

ROBO Global Artificial Intelligence ETF Company Profile

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.