ROBO Global Artificial Intelligence ETF (NYSEARCA:THNQ) Trading 1.2% Higher – Time to Buy?

Shares of ROBO Global Artificial Intelligence ETF (NYSEARCA:THNQGet Free Report) rose 1.2% on Tuesday . The stock traded as high as $47.37 and last traded at $47.35. Approximately 5,357 shares traded hands during trading, a decline of 79% from the average daily volume of 25,984 shares. The stock had previously closed at $46.79.

ROBO Global Artificial Intelligence ETF Price Performance

The stock’s fifty day simple moving average is $45.35 and its two-hundred day simple moving average is $44.13. The company has a market capitalization of $196.50 million, a price-to-earnings ratio of 43.56 and a beta of 1.59.

Institutional Investors Weigh In On ROBO Global Artificial Intelligence ETF

A hedge fund recently bought a new stake in ROBO Global Artificial Intelligence ETF stock. Ashton Thomas Private Wealth LLC bought a new stake in ROBO Global Artificial Intelligence ETF (NYSEARCA:THNQFree Report) during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 1,644 shares of the company’s stock, valued at approximately $74,000.

About ROBO Global Artificial Intelligence ETF

(Get Free Report)

The Robo Global Artificial Intelligence ETF (THNQ) is an exchange-traded fund that is based on the ROBO Global Artificial Intelligence index. The fund tracks a global index of companies involved in developing the technology and the infrastructure of enabling artificial intelligence. THNQ was launched on May 11, 2020 and is managed by ROBO Global.

Further Reading

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