Global X Future Analytics Tech ETF (NASDAQ:AIQ) Reaches New 1-Year High – Should You Buy?

Global X Future Analytics Tech ETF (NASDAQ:AIQ) shares reached a new 52-week high during trading on Friday . The stock traded as high as $41.05 and last traded at $41.00, with a volume of 166302 shares. The stock had previously closed at $40.61.

Global X Future Analytics Tech ETF Stock Performance

The company has a market capitalization of $2.89 billion, a PE ratio of -238.00 and a beta of 1.13. The firm has a fifty day simple moving average of $39.45 and a 200 day simple moving average of $37.22.

Global X Future Analytics Tech ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Tuesday, January 7th. Investors of record on Monday, December 30th were given a dividend of $0.0109 per share. The ex-dividend date was Monday, December 30th. Global X Future Analytics Tech ETF’s dividend payout ratio is currently -29.41%.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of AIQ. Bank of Montreal Can acquired a new stake in shares of Global X Future Analytics Tech ETF in the third quarter worth approximately $52,274,000. Strategic Financial Concepts LLC boosted its stake in shares of Global X Future Analytics Tech ETF by 4,175.4% in the fourth quarter. Strategic Financial Concepts LLC now owns 321,940 shares of the technology ETF’s stock worth $12,440,000 after acquiring an additional 314,410 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in shares of Global X Future Analytics Tech ETF by 25.1% in the third quarter. JPMorgan Chase & Co. now owns 981,965 shares of the technology ETF’s stock worth $36,500,000 after acquiring an additional 197,191 shares during the last quarter. Madrona Financial Services LLC boosted its stake in shares of Global X Future Analytics Tech ETF by 1,065.6% in the fourth quarter. Madrona Financial Services LLC now owns 140,006 shares of the technology ETF’s stock worth $5,410,000 after acquiring an additional 127,994 shares during the last quarter. Finally, Silverleafe Capital Partners LLC boosted its stake in Global X Future Analytics Tech ETF by 130.4% during the fourth quarter. Silverleafe Capital Partners LLC now owns 216,797 shares of the technology ETF’s stock worth $8,377,000 after buying an additional 122,686 shares during the last quarter. 27.02% of the stock is currently owned by hedge funds and other institutional investors.

About Global X Future Analytics Tech ETF

Global X Artificial Intelligence & Technology ETF