TrueShares Technology, AI & Deep Learning ETF (NYSEARCA:LRNZ) Shares Up 1% – Should You Buy?

TrueShares Technology, AI & Deep Learning ETF (NYSEARCA:LRNZ) rose 1% during mid-day trading on Friday . The stock traded as high as $60.30 and last traded at $59.26. 2,750 shares were traded during trading, a decline of 32% from the average daily volume of 4,025 shares. The stock had previously closed at $58.67.

TrueShares Technology, AI & Deep Learning ETF Price Performance

The stock’s 50 day moving average is $60.04 and its 200-day moving average is $49.77. The company has a market capitalization of $38.52 million, a P/E ratio of 54.00 and a beta of 1.36.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in TrueShares Technology, AI & Deep Learning ETF stock. Triumph Capital Management purchased a new stake in shares of TrueShares Technology, AI & Deep Learning ETF (NYSEARCA:LRNZ) during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 2,358 shares of the company’s stock, valued at approximately $107,000. Triumph Capital Management owned approximately 0.32% of TrueShares Technology, AI & Deep Learning ETF as of its most recent SEC filing.

TrueShares Technology, AI & Deep Learning ETF Company Profile

The TrueShares Technology, AI and Deep Learning ETF (LRNZ) is an exchange-traded fund that is based on the Nasdaq Composite TR index. The fund is actively managed and invests in global equities focused on artificial intelligence and deep learning. LRNZ was launched on Feb 28, 2020 and is managed by TrueShares.