ROBO Global Artificial Intelligence ETF (NYSEARCA:THNQ) Trading Up 1.8% – Here’s What Happened

Shares of ROBO Global Artificial Intelligence ETF (NYSEARCA:THNQ) were up 1.8% on Monday . The company traded as high as $47.82 and last traded at $47.61. Approximately 22,298 shares were traded during mid-day trading, an increase of 0% from the average daily volume of 22,279 shares. The stock had previously closed at $46.76.

ROBO Global Artificial Intelligence ETF Price Performance

The stock has a market capitalization of $168.27 million, a price-to-earnings ratio of 33.66 and a beta of 1.27. The firm has a fifty day moving average of $51.13 and a 200 day moving average of $48.94.

Institutional Trading of ROBO Global Artificial Intelligence ETF

Several institutional investors have recently bought and sold shares of the business. Hirtle Callaghan & Co LLC purchased a new position in shares of ROBO Global Artificial Intelligence ETF in the fourth quarter valued at approximately $389,000. Strategic Advocates LLC lifted its position in shares of ROBO Global Artificial Intelligence ETF by 28.6% in the fourth quarter. Strategic Advocates LLC now owns 22,921 shares of the company’s stock valued at $1,123,000 after acquiring an additional 5,092 shares in the last quarter. Finally, LRI Investments LLC purchased a new position in shares of ROBO Global Artificial Intelligence ETF in the third quarter valued at approximately $181,000.

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.