ROBO Global Artificial Intelligence ETF (NYSEARCA:THNQ) Trading Up 1.2% – What’s Next?

ROBO Global Artificial Intelligence ETF (NYSEARCA:THNQ)’s share price rose 1.2% during trading on Tuesday . The company traded as high as $47.37 and last traded at $47.35. Approximately 5,357 shares changed hands during mid-day trading, a decline of 79% from the average daily volume of 25,984 shares. The stock had previously closed at $46.79.

ROBO Global Artificial Intelligence ETF Stock Performance

The firm has a market capitalization of $196.50 million, a price-to-earnings ratio of 43.56 and a beta of 1.59. The company has a 50 day moving average price of $45.35 and a two-hundred day moving average price of $44.13.

Institutional Trading of ROBO Global Artificial Intelligence ETF

An institutional investor recently bought a new position in ROBO Global Artificial Intelligence ETF stock. Ashton Thomas Private Wealth LLC acquired a new position in ROBO Global Artificial Intelligence ETF (NYSEARCA:THNQ) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 1,644 shares of the company’s stock, valued at approximately $74,000.

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.