Global X Artificial Intelligence & Technology ETF (NASDAQ:AIQ) Share Price Crosses Above Two Hundred Day Moving Average – Time to Sell?

Global X Artificial Intelligence & Technology ETF (NASDAQ:AIQ) shares crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $55.27 and traded as high as $62.25. Global X Artificial Intelligence & Technology ETF shares last traded at $61.30, with a volume of 1,899,667 shares traded.

Global X Artificial Intelligence & Technology ETF Price Performance

The stock has a 50-day moving average price of $63.72 and a 200-day moving average price of $55.27. The company has a market capitalization of $9.76 billion, a P/E ratio of -360.59 and a beta of 1.33.

Global X Artificial Intelligence & Technology ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Tuesday, July 7th. Shareholders of record on Monday, June 29th were issued a dividend of $0.0005 per share. The ex-dividend date was Monday, June 29th. Global X Artificial Intelligence & Technology ETF’s dividend payout ratio is presently -23.53%.

Hedge Funds Weigh In On Global X Artificial Intelligence & Technology ETF

Institutional investors and hedge funds have recently made changes to their positions in the stock. JPMorgan Chase & Co. boosted its holdings in Global X Artificial Intelligence & Technology ETF by 2.6% in the fourth quarter. JPMorgan Chase & Co. now owns 1,531,632 shares of the technology ETF’s stock worth $77,899,000 after acquiring an additional 39,357 shares in the last quarter. Valley Wealth Managers Inc. increased its holdings in shares of Global X Artificial Intelligence & Technology ETF by 15.0% during the first quarter. Valley Wealth Managers Inc. now owns 748,911 shares of the technology ETF’s stock valued at $34,952,000 after acquiring an additional 97,869 shares in the last quarter. Flow Traders U.S. LLC acquired a new position in shares of Global X Artificial Intelligence & Technology ETF during the third quarter worth approximately $14,271,000. Janney Montgomery Scott LLC raised its position in shares of Global X Artificial Intelligence & Technology ETF by 27.7% during the fourth quarter. Janney Montgomery Scott LLC now owns 141,789 shares of the technology ETF’s stock worth $7,211,000 after purchasing an additional 30,723 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of Global X Artificial Intelligence & Technology ETF by 16.0% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 75,652 shares of the technology ETF’s stock worth $2,752,000 after purchasing an additional 10,407 shares in the last quarter. Institutional investors own 27.02% of the company’s stock.

About Global X Artificial Intelligence & Technology ETF

Global X Artificial Intelligence & Technology ETF