ROBO Global Artificial Intelligence ETF (NYSEARCA:THNQ) Shares Down 0.4% – Time to Sell?

Shares of ROBO Global Artificial Intelligence ETF (NYSEARCA:THNQGet Free Report) traded down 0.4% during trading on Wednesday . The company traded as low as $48.93 and last traded at $49.00. 15,910 shares traded hands during trading, a decline of 33% from the average session volume of 23,757 shares. The stock had previously closed at $49.21.

ROBO Global Artificial Intelligence ETF Trading Down 0.4 %

The firm has a market capitalization of $203.35 million, a PE ratio of 43.56 and a beta of 1.59. The firm has a 50-day moving average of $49.35 and a two-hundred day moving average of $46.29.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of THNQ. LRI Investments LLC purchased a new stake in shares of ROBO Global Artificial Intelligence ETF during the 3rd quarter valued at about $181,000. Lindbrook Capital LLC raised its stake in shares of ROBO Global Artificial Intelligence ETF by 91.8% during the third quarter. Lindbrook Capital LLC now owns 3,720 shares of the company’s stock valued at $172,000 after purchasing an additional 1,780 shares during the period. Finally, Ashton Thomas Private Wealth LLC acquired a new position in shares of ROBO Global Artificial Intelligence ETF during the second quarter worth $74,000.

About ROBO Global Artificial Intelligence ETF

(Get Free Report)

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.

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