Global X Future Analytics Tech ETF (NASDAQ:AIQ) Sees Unusually-High Trading Volume – Here’s Why

Shares of Global X Future Analytics Tech ETF (NASDAQ:AIQGet Free Report) saw unusually-strong trading volume on Tuesday . Approximately 886,018 shares changed hands during trading, an increase of 18% from the previous session’s volume of 749,740 shares.The stock last traded at $42.47 and had previously closed at $42.41.

Global X Future Analytics Tech ETF Stock Down 0.6 %

The company has a 50-day moving average price of $40.10 and a 200-day moving average price of $37.91. The firm has a market capitalization of $3.41 billion, a price-to-earnings ratio of -248.41 and a beta of 1.13.

Global X Future Analytics Tech ETF Announces Dividend

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

Hedge Funds Weigh In On Global X Future Analytics Tech ETF

Several hedge funds have recently made changes to their positions in the business. Proficio Capital Partners LLC lifted its position in shares of Global X Future Analytics Tech ETF by 2,295.9% in the fourth quarter. Proficio Capital Partners LLC now owns 10,034,103 shares of the technology ETF’s stock worth $387,718,000 after purchasing an additional 9,615,293 shares in the last quarter. Bank of America Corp DE lifted its position in shares of Global X Future Analytics Tech ETF by 26.5% during the 4th quarter. Bank of America Corp DE now owns 6,742,972 shares of the technology ETF’s stock worth $260,548,000 after purchasing an additional 1,411,954 shares during the last quarter. Bank of Montreal Can acquired a new position in shares of Global X Future Analytics Tech ETF during the third quarter worth approximately $52,274,000. Raymond James Financial Inc. bought a new stake in Global X Future Analytics Tech ETF in the 4th quarter valued at $18,516,000. Finally, Strategic Financial Concepts LLC grew its position in Global X Future Analytics Tech ETF by 4,175.4% during the fourth quarter. Strategic Financial Concepts LLC now owns 321,940 shares of the technology ETF’s stock worth $12,440,000 after buying an additional 314,410 shares in the last quarter. Institutional investors and hedge funds own 27.02% of the company’s stock.

About Global X Future Analytics Tech ETF

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Global X Artificial Intelligence & Technology ETF

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