ROBO Global Artificial Intelligence ETF (NYSEARCA:THNQ) Trading Down 0.6% – What’s Next?

ROBO Global Artificial Intelligence ETF (NYSEARCA:THNQ) shares dropped 0.6% during trading on Monday . The stock traded as low as $46.31 and last traded at $46.33. Approximately 2,418 shares changed hands during trading, a decline of 91% from the average daily volume of 27,154 shares. The stock had previously closed at $46.62.

ROBO Global Artificial Intelligence ETF Stock Performance

The firm has a fifty day simple moving average of $44.00 and a two-hundred day simple moving average of $43.79. The firm has a market cap of $195.03 million, a PE 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 purchased a new position in shares of ROBO Global Artificial Intelligence ETF (NYSEARCA:THNQ) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 1,644 shares of the company’s stock, valued at approximately $74,000.

ROBO Global Artificial Intelligence ETF Company Profile

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.