Roundhill Generative AI & Technology ETF (NYSEARCA:CHAT) Shares Up 0.9% – Still a Buy?

Roundhill Generative AI & Technology ETF (NYSEARCA:CHAT)’s share price was up 0.9% on Thursday . The stock traded as high as $42.80 and last traded at $42.78. Approximately 55,572 shares changed hands during mid-day trading, a decline of 57% from the average daily volume of 129,232 shares. The stock had previously closed at $42.41.

Roundhill Generative AI & Technology ETF Stock Down 0.7 %

The business has a 50-day simple moving average of $41.65 and a 200-day simple moving average of $38.52. The company has a market cap of $175.40 million, a PE ratio of 37.73 and a beta of 1.77.

Institutional Trading of Roundhill Generative AI & Technology ETF

An institutional investor recently bought a new position in Roundhill Generative AI & Technology ETF stock. Janney Montgomery Scott LLC bought a new position in shares of Roundhill Generative AI & Technology ETF (NYSEARCA:CHAT) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund bought 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 at the end of the most recent reporting period.

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.