Lazard Next Gen Technologies ETF (NASDAQ:TEKY) Stock Breaks Below 200-Day Moving Average – Here’s Why

Lazard Next Gen Technologies ETF (NASDAQ:TEKY)’s stock price crossed below its 200-day moving average during trading on Friday. The stock has a 200-day moving average of $41.52 and traded as low as $40.42. Lazard Next Gen Technologies ETF shares last traded at $40.3250, with a volume of 417 shares changing hands.

Lazard Next Gen Technologies ETF Stock Down 6.7%

The stock has a market cap of $52.42 million, a P/E ratio of 31.49 and a beta of 1.91. The firm has a 50 day moving average price of $44.62 and a 200 day moving average price of $41.52.

Hedge Funds Weigh In On Lazard Next Gen Technologies ETF

A hedge fund recently raised its stake in Lazard Next Gen Technologies ETF stock. Richardson Capital Management LLC increased its position in shares of Lazard Next Gen Technologies ETF (NASDAQ:TEKY) by 20.8% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,285 shares of the company’s stock after purchasing an additional 565 shares during the period. Richardson Capital Management LLC owned 0.25% of Lazard Next Gen Technologies ETF worth $152,000 at the end of the most recent reporting period.

Lazard Next Gen Technologies ETF Company Profile

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.