ROBO Global Artificial Intelligence ETF (NYSEARCA:THNQ) Trading Up 0% – Here’s Why

Shares of ROBO Global Artificial Intelligence ETF (NYSEARCA:THNQ) were up 0% on Thursday . The company traded as high as $52.65 and last traded at $52.65. Approximately 15,968 shares were traded during trading, a decline of 36% from the average daily volume of 24,876 shares. The stock had previously closed at $52.63.

ROBO Global Artificial Intelligence ETF Price Performance

The stock’s 50 day moving average is $50.25 and its two-hundred day moving average is $46.90. The stock has a market capitalization of $218.50 million, a PE ratio of 43.56 and a beta of 1.59.

Institutional Trading of ROBO Global Artificial Intelligence ETF

A number of large investors have recently made changes to their positions in the company. Lindbrook Capital LLC increased its stake in ROBO Global Artificial Intelligence ETF by 91.8% in the third quarter. Lindbrook Capital LLC now owns 3,720 shares of the company’s stock valued at $172,000 after purchasing an additional 1,780 shares during the last quarter. LRI Investments LLC purchased a new position in ROBO Global Artificial Intelligence ETF in the third quarter valued at approximately $181,000. Finally, Strategic Advocates LLC increased its stake in ROBO Global Artificial Intelligence ETF by 28.6% in the fourth quarter. Strategic Advocates LLC now owns 22,921 shares of the company’s stock valued at $1,123,000 after purchasing an additional 5,092 shares during the last quarter.

About ROBO Global Artificial Intelligence ETF

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.