Global X Artificial Intelligence & Technology ETF (NASDAQ:AIQ) Sees Large Volume Increase – Here’s Why

Global X Artificial Intelligence & Technology ETF (NASDAQ:AIQ – Get Free Report) shares saw strong trading volume on Friday. Approximately 2,280,563 shares changed hands during trading, an increase of 18% from the previous session’s volume of 1,928,383 shares. The stock last traded at $62.4810 and had previously closed at $62.07.

Global X Artificial Intelligence & Technology ETF Stock Up 0.4%

The stock’s 50-day simple moving average is $64.38 and its 200 day simple moving average is $61.96. The company has a market cap of $9.97 billion, a price-to-earnings ratio of -366.30 and a beta of 1.36.

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

Several large investors have recently bought and sold shares of the business. North Star Investment Management Corp. lifted its stake in Global X Artificial Intelligence & Technology ETF by 19.3% during the first quarter. North Star Investment Management Corp. now owns 1,366 shares of the technology ETF’s stock worth $64,000 after purchasing an additional 221 shares during the last quarter. Silverleafe Capital Partners LLC boosted its position in shares of Global X Artificial Intelligence & Technology ETF by 0.5% during the 2nd quarter. Silverleafe Capital Partners LLC now owns 64,832 shares of the technology ETF’s stock worth $4,254,000 after purchasing an additional 302 shares in the last quarter. Vestor Capital LLC increased its holdings in Global X Artificial Intelligence & Technology ETF by 26.3% in the first quarter. Vestor Capital LLC now owns 1,500 shares of the technology ETF’s stock valued at $70,000 after buying an additional 312 shares in the last quarter. NFSG Corp acquired a new position in shares of Global X Artificial Intelligence & Technology ETF during the 3rd quarter worth $33,000. Finally, First Community Trust NA purchased a new position in shares of Global X Artificial Intelligence & Technology ETF during the 3rd quarter worth approximately $40,000. Hedge funds and other institutional investors own 27.02% of the company’s stock.

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Global X Artificial Intelligence & Technology ETF

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