Global X Future Analytics Tech ETF (NASDAQ:AIQ) Sets New 52-Week High – Still a Buy?

Global X Future Analytics Tech ETF (NASDAQ:AIQ) hit a new 52-week high on Thursday . The company traded as high as $41.11 and last traded at $41.06, with a volume of 65994 shares changing hands. The stock had previously closed at $41.02.

Global X Future Analytics Tech ETF Stock Down 0.8 %

The stock has a market capitalization of $3.30 billion, a PE ratio of -240.12 and a beta of 1.13. The company’s fifty day moving average price is $39.65 and its 200-day moving average price is $37.39.

Global X Future Analytics Tech ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, January 7th. Stockholders of record on Monday, December 30th were issued a dividend of $0.0109 per share. The ex-dividend date was Monday, December 30th. Global X Future Analytics Tech ETF’s dividend payout ratio (DPR) is presently -29.41%.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of AIQ. RPg Family Wealth Advisory LLC acquired a new stake in Global X Future Analytics Tech ETF during the 3rd quarter valued at approximately $33,000. Hantz Financial Services Inc. acquired a new stake in Global X Future Analytics Tech ETF during the 4th quarter worth about $50,000. Avior Wealth Management LLC raised its stake in shares of Global X Future Analytics Tech ETF by 950.0% during the 3rd quarter. Avior Wealth Management LLC now owns 1,323 shares of the technology ETF’s stock valued at $49,000 after buying an additional 1,197 shares during the last quarter. PFG Private Wealth Management LLC purchased a new position in Global X Future Analytics Tech ETF during the fourth quarter valued at approximately $51,000. Finally, Wilmington Savings Fund Society FSB purchased a new stake in Global X Future Analytics Tech ETF in the 4th quarter worth approximately $53,000. 27.02% of the stock is currently owned by hedge funds and other institutional investors.

About Global X Future Analytics Tech ETF

Global X Artificial Intelligence & Technology ETF