Roundhill Generative AI & Technology ETF (NYSEARCA:CHAT) Trading Down 0.7% – What’s Next?

Roundhill Generative AI & Technology ETF (NYSEARCA:CHAT)’s stock price dropped 0.7% during mid-day trading on Friday . The stock traded as low as $32.37 and last traded at $32.63. 64,850 shares were traded during trading, a decline of 11% from the average session volume of 73,155 shares. The stock had previously closed at $32.87.

Roundhill Generative AI & Technology ETF Stock Performance

The stock has a 50-day simple moving average of $36.98 and a 200 day simple moving average of $39.32. The stock has a market capitalization of $221.88 million, a P/E ratio of 21.54 and a beta of 1.77.

Institutional Trading of Roundhill Generative AI & Technology ETF

A hedge fund recently bought a new stake in Roundhill Generative AI & Technology ETF stock. Janney Montgomery Scott LLC acquired a new stake in Roundhill Generative AI & Technology ETF (NYSEARCA:CHAT) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 5,517 shares of the company’s stock, valued at approximately $223,000. Janney Montgomery Scott LLC owned about 0.13% of Roundhill Generative AI & Technology ETF at the end of the most recent quarter.

Roundhill Generative AI & Technology ETF Company Profile

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.