Roundhill Generative AI & Technology ETF (NYSEARCA:CHAT) Shares Up 2.2% – What’s Next?

Roundhill Generative AI & Technology ETF (NYSEARCA:CHAT)’s share price rose 2.2% on Wednesday . The stock traded as high as $41.70 and last traded at $41.59. Approximately 42,129 shares changed hands during mid-day trading, a decline of 39% from the average daily volume of 69,303 shares. The stock had previously closed at $40.68.

Roundhill Generative AI & Technology ETF Trading Up 1.6 %

The company has a market cap of $174.58 million, a price-to-earnings ratio of 37.73 and a beta of 1.77. The business has a fifty day moving average of $40.92 and a two-hundred day moving average of $38.07.

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. Janney Montgomery Scott LLC acquired a new position in shares of Roundhill Generative AI & Technology ETF (NYSEARCA:CHAT) in the 4th quarter, according to its most recent filing with the SEC. The fund acquired 5,517 shares of the company’s stock, valued at approximately $223,000. Janney Montgomery Scott LLC owned approximately 0.13% of Roundhill Generative AI & Technology ETF at the end of the most recent quarter.

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.