Roundhill Generative AI & Technology ETF (NYSEARCA:CHAT – Get Free Report) saw unusually-high trading volume on Tuesday . Approximately 380,947 shares traded hands during mid-day trading, a decline of 27% from the previous session’s volume of 518,637 shares.The stock last traded at $76.47 and had previously closed at $82.15.
Roundhill Generative AI & Technology ETF Price Performance
The firm has a 50-day simple moving average of $92.35 and a two-hundred day simple moving average of $76.23. The company has a market cap of $1.66 billion, a PE ratio of 21.50 and a beta of 1.84.
Institutional Trading of Roundhill Generative AI & Technology ETF
Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Providence First Trust Co purchased a new position in Roundhill Generative AI & Technology ETF in the 4th quarter valued at about $1,202,000. Janney Montgomery Scott LLC raised its position in shares of Roundhill Generative AI & Technology ETF by 41.4% in the fourth quarter. Janney Montgomery Scott LLC now owns 63,098 shares of the company’s stock valued at $3,720,000 after buying an additional 18,467 shares during the last quarter. Marshall Wace LLP acquired a new position in shares of Roundhill Generative AI & Technology ETF in the second quarter valued at approximately $312,000. NewEdge Advisors LLC lifted its stake in shares of Roundhill Generative AI & Technology ETF by 2,875.6% during the first quarter. NewEdge Advisors LLC now owns 6,338 shares of the company’s stock valued at $221,000 after buying an additional 6,125 shares during the period. Finally, Farther Finance Advisors LLC purchased a new position in shares of Roundhill Generative AI & Technology ETF during the fourth quarter valued at approximately $321,000.
Roundhill Generative AI & Technology ETF Company Profile
The Roundhill Generative AI & Technology ETF (CHAT) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed fund that invests in 25 to 50 companies around the world that are involved in generative artificial intelligence and other related technologies. CHAT was launched on May 18, 2023 and is managed by Roundhill.
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