Global X Artificial Intelligence & Technology ETF (NASDAQ:AIQ) Stock Price Crosses Above Two Hundred Day Moving Average – Should You Sell?

Global X Artificial Intelligence & Technology ETF (NASDAQ:AIQGet Free Report)’s share price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $49.96 and traded as high as $50.32. Global X Artificial Intelligence & Technology ETF shares last traded at $49.92, with a volume of 5,029,963 shares changing hands.

Global X Artificial Intelligence & Technology ETF Price Performance

The firm’s fifty day moving average price is $51.10 and its 200-day moving average price is $49.96. The firm has a market capitalization of $8.11 billion, a P/E ratio of -293.65 and a beta of 1.18.

Global X Artificial Intelligence & Technology ETF Announces Dividend

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

Institutional Investors Weigh In On Global X Artificial Intelligence & Technology ETF

Several hedge funds have recently modified their holdings of the stock. JPMorgan Chase & Co. lifted its stake in Global X Artificial Intelligence & Technology ETF by 2.6% during the fourth quarter. JPMorgan Chase & Co. now owns 1,531,632 shares of the technology ETF’s stock valued at $77,899,000 after buying an additional 39,357 shares in the last quarter. Valley Wealth Managers Inc. lifted its position in shares of Global X Artificial Intelligence & Technology ETF by 1.2% in the fourth quarter. Valley Wealth Managers Inc. now owns 651,042 shares of the technology ETF’s stock worth $33,112,000 after buying an additional 7,486 shares during the last quarter. Flow Traders U.S. LLC bought a new stake in Global X Artificial Intelligence & Technology ETF during the third quarter worth approximately $14,271,000. Janney Montgomery Scott LLC raised its position in shares of Global X Artificial Intelligence & Technology ETF by 27.7% in the fourth quarter. Janney Montgomery Scott LLC now owns 141,789 shares of the technology ETF’s stock valued at $7,211,000 after purchasing an additional 30,723 shares during the period. Finally, Farther Finance Advisors LLC lifted its stake in shares of Global X Artificial Intelligence & Technology ETF by 251.2% in the third quarter. Farther Finance Advisors LLC now owns 76,424 shares of the technology ETF’s stock worth $3,775,000 after buying an additional 54,661 shares during the last quarter. 27.02% of the stock is owned by hedge funds and other institutional investors.

Global X Artificial Intelligence & Technology ETF Company Profile

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Global X Artificial Intelligence & Technology ETF

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