ROBO Global Artificial Intelligence ETF (NYSEARCA:THNQ) Shares Down 0.2%

ROBO Global Artificial Intelligence ETF (NYSEARCA:THNQ)’s stock price traded down 0.2% during mid-day trading on Thursday . The stock traded as low as $42.38 and last traded at $42.72. 14,075 shares traded hands during trading, a decline of 51% from the average session volume of 28,927 shares. The stock had previously closed at $42.82.

ROBO Global Artificial Intelligence ETF Price Performance

The firm has a market capitalization of $173.68 million, a PE ratio of 43.56 and a beta of 1.59. The business’s 50 day moving average is $43.97 and its two-hundred day moving average is $43.59.

Institutional Trading of ROBO Global Artificial Intelligence ETF

Several hedge funds and other institutional investors have recently bought and sold shares of THNQ. Strategic Advocates LLC bought a new position in shares of ROBO Global Artificial Intelligence ETF during the second quarter valued at about $441,000. Lindbrook Capital LLC purchased a new stake in ROBO Global Artificial Intelligence ETF during the 1st quarter valued at about $86,000. Finally, Ashton Thomas Private Wealth LLC bought a new position in ROBO Global Artificial Intelligence ETF during the 2nd quarter worth 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.