SFG Wealth Management LLC. Acquires Shares of 23,249 KraneShares Artificial Intelligence and Technology ETF $AGIX

SFG Wealth Management LLC. purchased a new position in shares of KraneShares Artificial Intelligence and Technology ETF (NASDAQ:AGIX) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 23,249 shares of the company’s stock, valued at approximately $1,090,000.

Several other institutional investors also recently bought and sold shares of the company. Bank of America Corp DE purchased a new stake in KraneShares Artificial Intelligence and Technology ETF during the 1st quarter worth approximately $26,216,000. Susquehanna International Group LLP acquired a new stake in shares of KraneShares Artificial Intelligence and Technology ETF in the third quarter worth approximately $17,766,000. LPL Financial LLC increased its position in shares of KraneShares Artificial Intelligence and Technology ETF by 941.4% during the fourth quarter. LPL Financial LLC now owns 110,380 shares of the company’s stock worth $4,007,000 after purchasing an additional 99,781 shares in the last quarter. GTS Securities LLC raised its stake in KraneShares Artificial Intelligence and Technology ETF by 236.3% in the 2nd quarter. GTS Securities LLC now owns 101,869 shares of the company’s stock valued at $4,777,000 after purchasing an additional 71,581 shares during the last quarter. Finally, Jane Street Group LLC raised its stake in KraneShares Artificial Intelligence and Technology ETF by 43.1% in the 1st quarter. Jane Street Group LLC now owns 42,715 shares of the company’s stock valued at $1,048,000 after purchasing an additional 12,867 shares during the last quarter.

KraneShares Artificial Intelligence and Technology ETF Stock Performance

Shares of AGIX stock opened at $45.93 on Friday. KraneShares Artificial Intelligence and Technology ETF has a fifty-two week low of $30.89 and a fifty-two week high of $49.67. The stock’s fifty day moving average is $44.43 and its two-hundred day moving average is $41.19. The firm has a market capitalization of $502.93 million, a P/E ratio of 36.18 and a beta of 1.99.

About KraneShares Artificial Intelligence and Technology ETF

The KraneShares Artificial Intelligence & Technology ETF (AGIX) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund uses an index as a guide to select stocks globally that are involved in developing and applying artificial intelligence technologies. The fund has the ability to invest in both listed and private AI companies AGIX was launched on Jul 18, 2024 and is issued by KraneShares.