Roundhill Generative AI & Technology ETF (NYSEARCA:CHAT) Trading 1% Higher – Should You Buy?

Roundhill Generative AI & Technology ETF (NYSEARCA:CHAT) shares traded up 1% on Tuesday . The stock traded as high as $41.98 and last traded at $41.98. 31,881 shares changed hands during trading, a decline of 55% from the average session volume of 70,803 shares. The stock had previously closed at $41.58.

Roundhill Generative AI & Technology ETF Stock Performance

The stock has a market capitalization of $173.38 million, a PE ratio of 37.73 and a beta of 1.77. The stock’s 50 day moving average is $40.00 and its two-hundred day moving average is $37.49.

Institutional Investors Weigh In On Roundhill Generative AI & Technology ETF

A hedge fund recently bought a new stake in Roundhill Generative AI & Technology ETF stock. Flow Traders U.S. LLC bought a new stake in Roundhill Generative AI & Technology ETF (NYSEARCA:CHAT) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 25,421 shares of the company’s stock, valued at approximately $951,000. Flow Traders U.S. LLC owned approximately 0.62% of Roundhill Generative AI & Technology ETF as of its most recent SEC filing.

About Roundhill Generative AI & Technology ETF

The Roundhill Generative AI & Technology ETF (CHAT) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed fund that invests in 25 to 50 companies around the world that are involved in generative artificial intelligence and other related technologies.