ROBO Global Artificial Intelligence ETF (NYSEARCA:THNQ) Shares Up 0% – Here’s What Happened

ROBO Global Artificial Intelligence ETF (NYSEARCA:THNQ)’s share price shot up 0% on Thursday . The stock traded as high as $52.65 and last traded at $52.65. 15,968 shares were traded during trading, a decline of 36% from the average session volume of 24,876 shares. The stock had previously closed at $52.63.

ROBO Global Artificial Intelligence ETF Price Performance

The stock has a market cap of $217.96 million, a PE ratio of 43.56 and a beta of 1.59. The business has a fifty day moving average of $50.36 and a 200-day moving average of $46.95.

Institutional Trading of ROBO Global Artificial Intelligence ETF

Institutional investors and hedge funds have recently made changes to their positions in the company. Strategic Advocates LLC boosted its position in ROBO Global Artificial Intelligence ETF by 28.6% during the fourth quarter. Strategic Advocates LLC now owns 22,921 shares of the company’s stock valued at $1,123,000 after purchasing an additional 5,092 shares in the last quarter. LRI Investments LLC purchased a new stake in shares of ROBO Global Artificial Intelligence ETF during the third quarter valued at about $181,000. Finally, Lindbrook Capital LLC lifted its position 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 buying an additional 1,780 shares during the last quarter.

About ROBO Global Artificial Intelligence ETF

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.