Lazard Next Gen Technologies ETF (NASDAQ:TEKY) Shares Up 1.5% – Should You Buy?

Shares of Lazard Next Gen Technologies ETF (NASDAQ:TEKY) rose 1.5% during trading on Monday . The stock traded as high as $46.14 and last traded at $45.41. Approximately 1,733 shares changed hands during trading, an increase of 95% from the average daily volume of 890 shares. The stock had previously closed at $44.76.

Lazard Next Gen Technologies ETF Stock Up 1.5%

The firm has a market capitalization of $59.03 million, a PE ratio of 31.49 and a beta of 1.98. The firm’s fifty day simple moving average is $43.86 and its 200-day simple moving average is $39.04.

Institutional Investors Weigh In On Lazard Next Gen Technologies ETF

A hedge fund recently bought a new stake in Lazard Next Gen Technologies ETF stock. Lazard Asset Management LLC acquired a new position in Lazard Next Gen Technologies ETF (NASDAQ:TEKY) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 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.