Ascentis Independent Advisors Acquires New Position in KraneShares Artificial Intelligence and Technology ETF $AGIX

Ascentis Independent Advisors bought a new stake in KraneShares Artificial Intelligence and Technology ETF (NASDAQ:AGIX) during the 1st quarter, Holdings Channel reports. The firm bought 13,510 shares of the company’s stock, valued at approximately $443,000.

Several other hedge funds have also made changes to their positions in AGIX. Susquehanna International Group LLP acquired a new stake in shares of KraneShares Artificial Intelligence and Technology ETF during the 3rd quarter worth approximately $17,766,000. LPL Financial LLC increased its stake in KraneShares Artificial Intelligence and Technology ETF by 941.4% during the fourth quarter. LPL Financial LLC now owns 110,380 shares of the company’s stock worth $4,007,000 after acquiring an additional 99,781 shares during the last quarter. Westwind Capital acquired a new stake in KraneShares Artificial Intelligence and Technology ETF during the fourth quarter worth $1,588,000. Mainstay Capital Management LLC ADV purchased a new stake in KraneShares Artificial Intelligence and Technology ETF in the third quarter valued at $503,000. Finally, Jane Street Group LLC raised its position in KraneShares Artificial Intelligence and Technology ETF by 43.1% in the first quarter. Jane Street Group LLC now owns 42,715 shares of the company’s stock valued at $1,048,000 after purchasing an additional 12,867 shares during the period.

KraneShares Artificial Intelligence and Technology ETF Stock Up 2.3%

Shares of KraneShares Artificial Intelligence and Technology ETF stock opened at $45.69 on Friday. The firm has a market cap of $783.58 million, a PE ratio of 36.18 and a beta of 1.93. KraneShares Artificial Intelligence and Technology ETF has a 52 week low of $30.86 and a 52 week high of $49.67. The business’s fifty day simple moving average is $45.10 and its 200-day simple moving average is $38.84.

About KraneShares Artificial Intelligence and Technology ETF

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.