Roundhill Generative AI & Technology ETF (NYSEARCA:CHAT) Shares Down 1.4% – Time to Sell?

Roundhill Generative AI & Technology ETF (NYSEARCA:CHAT)’s stock price was down 1.4% during trading on Thursday . The stock traded as low as $36.21 and last traded at $36.39. Approximately 33,231 shares traded hands during trading, a decline of 55% from the average daily volume of 74,425 shares. The stock had previously closed at $36.90.

Roundhill Generative AI & Technology ETF Trading Down 1.4 %

The firm has a market capitalization of $254.00 million, a price-to-earnings ratio of 24.50 and a beta of 1.77. The business has a 50-day moving average price of $40.26 and a two-hundred day moving average price of $39.66.

Hedge Funds Weigh In On Roundhill Generative AI & Technology ETF

An institutional investor recently bought a new position in Roundhill Generative AI & Technology ETF stock. Janney Montgomery Scott LLC acquired a new position in Roundhill Generative AI & Technology ETF (NYSEARCA:CHAT) during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 5,517 shares of the company’s stock, valued at approximately $223,000. Janney Montgomery Scott LLC owned approximately 0.13% of Roundhill Generative AI & Technology ETF as of its most recent filing with the SEC.

About Roundhill Generative AI & Technology ETF

The Roundhill Generative AI & Technology ETF (CHAT) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed fund that invests in 25 to 50 companies around the world that are involved in generative artificial intelligence and other related technologies.