Lazard Next Gen Technologies ETF (NASDAQ:TEKY) Trading 0% Higher – Still a Buy?

Lazard Next Gen Technologies ETF (NASDAQ:TEKY)’s share price traded up 0% during mid-day trading on Wednesday . The stock traded as high as $46.21 and last traded at $45.3738. 34 shares were traded during trading, a decline of 96% from the average daily volume of 777 shares. The stock had previously closed at $45.37.

Lazard Next Gen Technologies ETF Stock Performance

The firm has a market capitalization of $58.99 million, a P/E ratio of 31.49 and a beta of 1.99. The firm has a 50 day simple moving average of $44.50 and a two-hundred day simple moving average of $40.46.

Institutional Investors Weigh In On Lazard Next Gen Technologies ETF

A hedge fund recently bought a new position in Lazard Next Gen Technologies ETF stock. Lazard Asset Management LLC bought a new position in Lazard Next Gen Technologies ETF (NASDAQ:TEKY) during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 1,150,000 shares of the company’s stock, valued at approximately $39,412,000. Lazard Asset Management LLC owned about 93.50% of Lazard Next Gen Technologies ETF as of its most recent SEC filing.

About Lazard Next Gen Technologies ETF

The Lazard Next Gen Technologies ETF (TEKY) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund seeks long-term capital appreciation by actively managing a narrow portfolio of global companies involved in the developing or enabling of AI next-generation technologies. TEKY was launched on Apr 4, 2025 and is issued by Lazard.