TrueShares Technology, AI & Deep Learning ETF (NYSEARCA:LRNZ) Trading Down 3.6% – Time to Sell?

TrueShares Technology, AI & Deep Learning ETF (NYSEARCA:LRNZ) were down 3.6% during trading on Thursday . The stock traded as low as $45.73 and last traded at $46.14. Approximately 9,659 shares changed hands during trading, an increase of 224% from the average daily volume of 2,977 shares. The stock had previously closed at $47.85.

TrueShares Technology, AI & Deep Learning ETF Trading Down 3.6%

The company has a market cap of $32.30 million, a price-to-earnings ratio of 54.00 and a beta of 1.25. The stock’s 50-day moving average is $47.66 and its 200-day moving average is $46.52.

Institutional Trading of TrueShares Technology, AI & Deep Learning ETF

An institutional investor recently bought a new position in TrueShares Technology, AI & Deep Learning ETF stock. Triumph Capital Management purchased a new position in TrueShares Technology, AI & Deep Learning ETF (NYSEARCA:LRNZ) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 2,358 shares of the company’s stock, valued at approximately $107,000. Triumph Capital Management owned approximately 0.32% of TrueShares Technology, AI & Deep Learning ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

About TrueShares Technology, AI & Deep Learning ETF

The TrueShares Technology, AI and Deep Learning ETF (LRNZ) is an exchange-traded fund that is based on the Nasdaq Composite TR index. The fund is actively managed and invests in global equities focused on artificial intelligence and deep learning. LRNZ was launched on Feb 28, 2020 and is managed by TrueShares.