Roundhill Generative AI & Technology ETF (NYSEARCA:CHAT) Trading Up 0.3% – Time to Buy?

Roundhill Generative AI & Technology ETF (NYSEARCA:CHAT) shot up 0.3% during trading on Monday . The stock traded as high as $39.44 and last traded at $39.24. 48,081 shares were traded during trading, a decline of 33% from the average session volume of 72,050 shares. The stock had previously closed at $39.14.

Roundhill Generative AI & Technology ETF Stock Performance

The stock has a market capitalization of $163.67 million, a PE ratio of 37.73 and a beta of 1.77. The stock has a 50-day moving average price of $38.14 and a two-hundred day moving average price of $36.55.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Roundhill Generative AI & Technology ETF stock. Flow Traders U.S. LLC acquired a new stake in Roundhill Generative AI & Technology ETF (NYSEARCA:CHAT) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 25,421 shares of the company’s stock, valued at approximately $951,000. Flow Traders U.S. LLC owned about 0.62% of Roundhill Generative AI & Technology ETF at the end of the most recent reporting period.

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.