Roundhill Generative AI & Technology ETF (NYSEARCA:CHAT) Stock Price Up 0.9% – Here’s Why

Roundhill Generative AI & Technology ETF (NYSEARCA:CHAT) was up 0.9% during trading on Thursday . The company traded as high as $42.80 and last traded at $42.78. Approximately 55,572 shares traded hands during mid-day trading, a decline of 57% from the average daily volume of 129,232 shares. The stock had previously closed at $42.41.

Roundhill Generative AI & Technology ETF Stock Performance

The firm has a market capitalization of $175.40 million, a P/E ratio of 37.73 and a beta of 1.77. The stock’s 50 day simple moving average is $41.65 and its 200 day simple moving average is $38.52.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Roundhill Generative AI & Technology ETF stock. Flow Traders U.S. LLC purchased a new stake in Roundhill Generative AI & Technology ETF (NYSEARCA:CHAT) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 25,421 shares of the company’s stock, valued at approximately $951,000. Flow Traders U.S. LLC owned approximately 0.62% of Roundhill Generative AI & Technology ETF as of its most recent filing with the SEC.

Roundhill Generative AI & Technology ETF Company Profile

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.