TrueShares Technology, AI & Deep Learning ETF (NYSEARCA:LRNZ) Stock Price Up 1.6% – Here’s Why

TrueShares Technology, AI & Deep Learning ETF (NYSEARCA:LRNZ)’s stock price shot up 1.6% on Thursday . The stock traded as high as $39.70 and last traded at $39.62. 7,015 shares traded hands during mid-day trading, a decline of 23% from the average session volume of 9,059 shares. The stock had previously closed at $38.98.

TrueShares Technology, AI & Deep Learning ETF Stock Performance

The firm’s 50 day moving average price is $40.81 and its two-hundred day moving average price is $38.86. The firm has a market cap of $43.04 million, a PE ratio of 113.58 and a beta of 1.69.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in TrueShares Technology, AI & Deep Learning ETF stock. Continuum Advisory LLC purchased a new position in shares of TrueShares Technology, AI & Deep Learning ETF (NYSEARCA:LRNZ) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 1,958 shares of the company’s stock, valued at approximately $79,000. Continuum Advisory LLC owned 0.18% of TrueShares Technology, AI & Deep Learning ETF at the end of the most recent quarter.

About TrueShares Technology, AI & Deep Learning ETF

The TrueShares Technology, AI and Deep Learning ETF (LRNZ) is an exchange-traded fund that is based on the Nasdaq Composite TR index. The fund is actively managed and invests in global equities focused on artificial intelligence and deep learning. LRNZ was launched on Feb 28, 2020 and is managed by TrueShares.