ROBO Global Artificial Intelligence ETF (NYSEARCA:THNQ) Trading Down 0.4%

Shares of ROBO Global Artificial Intelligence ETF (NYSEARCA:THNQ) fell 0.4% during mid-day trading on Thursday . The stock traded as low as $40.64 and last traded at $41.45. 17,674 shares traded hands during mid-day trading, a decline of 44% from the average session volume of 31,427 shares. The stock had previously closed at $41.60.

ROBO Global Artificial Intelligence ETF Stock Down 0.4 %

The stock has a market capitalization of $172.02 million, a P/E ratio of 44.34 and a beta of 1.55. The company has a fifty day moving average price of $43.27 and a 200-day moving average price of $40.27.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in ROBO Global Artificial Intelligence ETF stock. Lindbrook Capital LLC bought a new position in ROBO Global Artificial Intelligence ETF (NYSEARCA:THNQ) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 1,940 shares of the company’s stock, valued at approximately $86,000.

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.