Global X Future Analytics Tech ETF (NASDAQ:AIQ) Reaches New 52-Week High – Time to Buy?

Global X Future Analytics Tech ETF (NASDAQ:AIQGet Free Report)’s share price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $38.21 and last traded at $38.19, with a volume of 298066 shares trading hands. The stock had previously closed at $37.42.

Global X Future Analytics Tech ETF Stock Up 2.2 %

The stock has a market cap of $2.32 billion, a price-to-earnings ratio of -225.06 and a beta of 1.13. The stock’s 50 day moving average price is $36.47 and its two-hundred day moving average price is $35.21.

Institutional Trading of Global X Future Analytics Tech ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Sequoia Financial Advisors LLC acquired a new stake in Global X Future Analytics Tech ETF during the second quarter valued at $205,000. Bleakley Financial Group LLC grew its position in Global X Future Analytics Tech ETF by 69.9% during the third quarter. Bleakley Financial Group LLC now owns 13,477 shares of the technology ETF’s stock valued at $501,000 after buying an additional 5,544 shares during the period. Envestnet Portfolio Solutions Inc. grew its position in Global X Future Analytics Tech ETF by 23.3% during the first quarter. Envestnet Portfolio Solutions Inc. now owns 38,396 shares of the technology ETF’s stock valued at $1,304,000 after buying an additional 7,261 shares during the period. Raymond James & Associates lifted its holdings in Global X Future Analytics Tech ETF by 52.2% during the third quarter. Raymond James & Associates now owns 314,754 shares of the technology ETF’s stock valued at $11,699,000 after purchasing an additional 107,990 shares in the last quarter. Finally, RFG Advisory LLC purchased a new position in Global X Future Analytics Tech ETF during the second quarter valued at $361,000. Institutional investors and hedge funds own 27.02% of the company’s stock.

About Global X Future Analytics Tech ETF

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