Global X Future Analytics Tech ETF (NASDAQ:AIQ) Sets New 12-Month High – Still a Buy?

Shares of Global X Future Analytics Tech ETF (NASDAQ:AIQ) reached a new 52-week high during trading on Wednesday . The stock traded as high as $40.77 and last traded at $40.70, with a volume of 257032 shares traded. The stock had previously closed at $40.08.

Global X Future Analytics Tech ETF Stock Up 0.4 %

The company’s fifty day moving average price is $39.23 and its two-hundred day moving average price is $37.10. The firm has a market cap of $2.82 billion, a PE ratio of -240.06 and a beta of 1.13.

Global X Future Analytics Tech ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Tuesday, January 7th. Shareholders of record on Monday, December 30th were given a dividend of $0.0109 per share. The ex-dividend date of this dividend was Monday, December 30th. Global X Future Analytics Tech ETF’s payout ratio is -29.41%.

Institutional Trading of Global X Future Analytics Tech ETF

Several hedge funds have recently modified their holdings of AIQ. JPMorgan Chase & Co. raised its position in Global X Future Analytics Tech ETF by 25.1% in the third quarter. JPMorgan Chase & Co. now owns 981,965 shares of the technology ETF’s stock worth $36,500,000 after acquiring an additional 197,191 shares in the last quarter. FMR LLC increased its holdings in shares of Global X Future Analytics Tech ETF by 31.6% in the 3rd quarter. FMR LLC now owns 7,225 shares of the technology ETF’s stock valued at $269,000 after purchasing an additional 1,734 shares in the last quarter. Bleakley Financial Group LLC lifted its stake in shares of Global X Future Analytics Tech ETF by 69.9% in the third quarter. Bleakley Financial Group LLC now owns 13,477 shares of the technology ETF’s stock valued at $501,000 after purchasing an additional 5,544 shares during the period. Janney Montgomery Scott LLC purchased a new stake in Global X Future Analytics Tech ETF during the third quarter worth about $1,889,000. Finally, Salem Investment Counselors Inc. grew its position in Global X Future Analytics Tech ETF by 3.8% during the fourth quarter. Salem Investment Counselors Inc. now owns 8,487 shares of the technology ETF’s stock worth $328,000 after buying an additional 313 shares during the period. 27.02% of the stock is owned by institutional investors and hedge funds.

About Global X Future Analytics Tech ETF

Global X Artificial Intelligence & Technology ETF