Global X Future Analytics Tech ETF (NASDAQ:AIQ) Sets New 1-Year High – Time to Buy?

Posted by Paula Ricardo on Dec 2nd, 2024

Global X Future Analytics Tech ETF (NASDAQ:AIQ – Get Free Report) shares hit a new 52-week high during mid-day trading on Monday . The company traded as high as $39.17 and last traded at $39.16, with a volume of 118906 shares traded. The stock had previously closed at $38.82.

Global X Future Analytics Tech ETF Stock Performance

The business has a fifty day simple moving average of $37.75 and a 200-day simple moving average of $35.90. The firm has a market cap of $2.37 billion, a price-to-earnings ratio of -229.76 and a beta of 1.13.

Institutional Investors Weigh In On Global X Future Analytics Tech ETF

A number of institutional investors have recently made changes to their positions in the stock. LPL Financial LLC grew its position in shares of Global X Future Analytics Tech ETF by 25.2% in the 2nd quarter. LPL Financial LLC now owns 2,027,885 shares of the technology ETF’s stock valued at $72,254,000 after buying an additional 407,981 shares during the last quarter. Bank of Montreal Can bought a new stake in shares of Global X Future Analytics Tech ETF during the 3rd quarter valued at about $52,274,000. Wealth Enhancement Advisory Services LLC boosted its position in shares of Global X Future Analytics Tech ETF by 6.0% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 758,189 shares of the technology ETF’s stock valued at $28,182,000 after purchasing an additional 42,661 shares in the last quarter. Envestnet Asset Management Inc. boosted its position in shares of Global X Future Analytics Tech ETF by 118.2% during the 2nd quarter. Envestnet Asset Management Inc. now owns 579,410 shares of the technology ETF’s stock valued at $20,644,000 after purchasing an additional 313,914 shares in the last quarter. Finally, Valley Wealth Managers Inc. boosted its position in shares of Global X Future Analytics Tech ETF by 0.7% during the 3rd quarter. Valley Wealth Managers Inc. now owns 552,990 shares of the technology ETF’s stock valued at $20,555,000 after purchasing an additional 4,015 shares in the last quarter. Institutional investors own 27.02% of the company’s stock.