Lazard Next Gen Technologies ETF (NASDAQ:TEKY) Shares Down 0% – Here’s Why

Lazard Next Gen Technologies ETF (NASDAQ:TEKY) fell 0% during trading on Tuesday . The company traded as low as $43.77 and last traded at $42.6772. 57 shares changed hands during trading, a decline of 93% from the average session volume of 838 shares. The stock had previously closed at $42.68.

Lazard Next Gen Technologies ETF Stock Performance

The stock has a market cap of $55.48 million, a P/E ratio of 31.49 and a beta of 1.88. The company has a 50-day simple moving average of $44.99 and a 200-day simple moving average of $39.81.

Institutional Investors Weigh In On Lazard Next Gen Technologies ETF

An institutional investor recently bought a new position in Lazard Next Gen Technologies ETF stock. Lazard Asset Management LLC bought a new position in Lazard Next Gen Technologies ETF (NASDAQ:TEKY) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 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 at the end of the most recent quarter.

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.