KraneShares Artificial Intelligence and Technology ETF (NASDAQ:AGIX) Trading Down 0.2% – What’s Next?

KraneShares Artificial Intelligence and Technology ETF (NASDAQ:AGIXGet Free Report)’s share price dropped 0.2% on Tuesday . The company traded as low as $36.59 and last traded at $36.66. Approximately 35,938 shares traded hands during mid-day trading, an increase of 39% from the average daily volume of 25,880 shares. The stock had previously closed at $36.72.

KraneShares Artificial Intelligence and Technology ETF Trading Down 0.2%

The company has a market capitalization of $95.32 million, a price-to-earnings ratio of 36.18 and a beta of 1.77. The stock’s 50 day moving average price is $36.86 and its 200 day moving average price is $34.87.

KraneShares Artificial Intelligence and Technology ETF Announces Dividend

The firm also recently announced an annual dividend, which was paid on Tuesday, December 23rd. Stockholders of record on Monday, December 22nd were paid a dividend of $0.4377 per share. This represents a dividend yield of 119.0%. The ex-dividend date was Monday, December 22nd.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of AGIX. Advisory Services Network LLC acquired a new stake in KraneShares Artificial Intelligence and Technology ETF during the 3rd quarter worth approximately $206,000. Private Advisor Group LLC acquired a new position in KraneShares Artificial Intelligence and Technology ETF in the 3rd quarter valued at $253,000. Mainstay Capital Management LLC ADV bought a new position in KraneShares Artificial Intelligence and Technology ETF during the 3rd quarter worth $503,000. Jane Street Group LLC increased its position in KraneShares Artificial Intelligence and Technology ETF by 43.1% during the 1st quarter. Jane Street Group LLC now owns 42,715 shares of the company’s stock worth $1,048,000 after buying an additional 12,867 shares during the period. Finally, Susquehanna International Group LLP acquired a new stake in shares of KraneShares Artificial Intelligence and Technology ETF during the third quarter worth $17,766,000.

About KraneShares Artificial Intelligence and Technology ETF

(Get Free Report)

The KraneShares Artificial Intelligence & Technology ETF (AGIX) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund uses an index as a guide to select stocks globally that are involved in developing and applying artificial intelligence technologies. The fund has the ability to invest in both listed and private AI companies AGIX was launched on Jul 18, 2024 and is issued by KraneShares.

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