Janney Montgomery Scott LLC Increases Stock Holdings in Roundhill Generative AI & Technology ETF $CHAT

Janney Montgomery Scott LLC lifted its position in shares of Roundhill Generative AI & Technology ETF (NYSEARCA:CHAT) by 15.1% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 72,650 shares of the company’s stock after buying an additional 9,552 shares during the quarter. Janney Montgomery Scott LLC owned approximately 0.42% of Roundhill Generative AI & Technology ETF worth $4,493,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in CHAT. Morse Asset Management Inc purchased a new stake in shares of Roundhill Generative AI & Technology ETF in the third quarter valued at $26,000. Parallel Advisors LLC purchased a new stake in Roundhill Generative AI & Technology ETF during the 3rd quarter worth about $38,000. IFP Advisors Inc raised its stake in Roundhill Generative AI & Technology ETF by 29.4% in the 3rd quarter. IFP Advisors Inc now owns 828 shares of the company’s stock valued at $51,000 after purchasing an additional 188 shares during the last quarter. JPMorgan Chase & Co. acquired a new stake in shares of Roundhill Generative AI & Technology ETF during the 2nd quarter worth about $63,000. Finally, Flagship Harbor Advisors LLC acquired a new stake in shares of Roundhill Generative AI & Technology ETF during the 4th quarter worth about $77,000.

Roundhill Generative AI & Technology ETF Price Performance

NYSEARCA:CHAT opened at $88.79 on Monday. The firm has a market cap of $1.94 billion, a PE ratio of 21.50 and a beta of 1.84. The firm has a 50 day simple moving average of $90.97 and a 200-day simple moving average of $73.18. Roundhill Generative AI & Technology ETF has a 1-year low of $47.79 and a 1-year high of $105.20.

About Roundhill Generative AI & Technology ETF

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.