Global X Future Analytics Tech ETF (NASDAQ:AIQ) Reaches New 1-Year High – Should You Buy?

Global X Future Analytics Tech ETF (NASDAQ:AIQ)’s share price hit a new 52-week high during trading on Friday . The stock traded as high as $41.05 and last traded at $41.00, with a volume of 166302 shares trading hands. The stock had previously closed at $40.61.

Global X Future Analytics Tech ETF Stock Performance

The company has a 50 day moving average price of $39.45 and a 200 day moving average price of $37.22. The firm has a market cap of $2.89 billion, a price-to-earnings ratio of -238.00 and a beta of 1.13.

Global X Future Analytics Tech ETF Dividend Announcement

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

Hedge Funds Weigh In On Global X Future Analytics Tech ETF

Several large investors have recently modified their holdings of AIQ. Bank of Montreal Can purchased a new position in shares of Global X Future Analytics Tech ETF in the 3rd quarter valued at about $52,274,000. JPMorgan Chase & Co. boosted its position in shares of Global X Future Analytics Tech ETF by 25.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 981,965 shares of the technology ETF’s stock valued at $36,500,000 after purchasing an additional 197,191 shares during the period. Wealth Enhancement Advisory Services LLC boosted its position in shares of Global X Future Analytics Tech ETF by 6.0% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 758,189 shares of the technology ETF’s stock valued at $28,182,000 after purchasing an additional 42,661 shares during the period. Valley Wealth Managers Inc. boosted its position in shares of Global X Future Analytics Tech ETF by 0.7% in the 3rd quarter. Valley Wealth Managers Inc. now owns 552,990 shares of the technology ETF’s stock valued at $20,555,000 after purchasing an additional 4,015 shares during the period. Finally, Rockefeller Capital Management L.P. boosted its position in shares of Global X Future Analytics Tech ETF by 4.4% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 542,443 shares of the technology ETF’s stock valued at $20,163,000 after purchasing an additional 22,823 shares during the period. Institutional investors and hedge funds own 27.02% of the company’s stock.

About Global X Future Analytics Tech ETF

Global X Artificial Intelligence & Technology ETF