Roundhill Generative AI & Technology ETF (NYSEARCA:CHAT) Sees Unusually-High Trading Volume – Here’s What Happened

Roundhill Generative AI & Technology ETF (NYSEARCA:CHATGet Free Report) saw unusually-strong trading volume on Thursday . Approximately 485,363 shares traded hands during trading, an increase of 125% from the previous session’s volume of 215,552 shares.The stock last traded at $60.97 and had previously closed at $62.70.

Roundhill Generative AI & Technology ETF Price Performance

The firm has a market cap of $1.01 billion, a price-to-earnings ratio of 21.50 and a beta of 1.63. The business’s 50-day moving average price is $62.29 and its two-hundred day moving average price is $52.36.

Institutional Investors Weigh In On Roundhill Generative AI & Technology ETF

Several hedge funds have recently made changes to their positions in CHAT. Flow Traders U.S. LLC purchased a new stake in shares of Roundhill Generative AI & Technology ETF in the first quarter valued at $829,000. OLD Mission Capital LLC acquired a new stake in Roundhill Generative AI & Technology ETF in the 1st quarter worth about $909,000. NewEdge Advisors LLC grew its holdings in Roundhill Generative AI & Technology ETF by 2,875.6% in the 1st quarter. NewEdge Advisors LLC now owns 6,338 shares of the company’s stock valued at $221,000 after buying an additional 6,125 shares during the period. Janney Montgomery Scott LLC grew its holdings in Roundhill Generative AI & Technology ETF by 284.0% in the 2nd quarter. Janney Montgomery Scott LLC now owns 23,876 shares of the company’s stock valued at $1,165,000 after buying an additional 17,659 shares during the period. Finally, JPMorgan Chase & Co. acquired a new position in shares of Roundhill Generative AI & Technology ETF during the 2nd quarter valued at about $63,000.

Roundhill Generative AI & Technology ETF Company Profile

(Get Free Report)

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.

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