TrueShares Technology, AI & Deep Learning ETF (NYSEARCA:LRNZ) Shares Down 2.4% – Time to Sell?

Shares of TrueShares Technology, AI & Deep Learning ETF (NYSEARCA:LRNZ) dropped 2.4% during mid-day trading on Friday . The company traded as low as $34.97 and last traded at $36.25. Approximately 81,783 shares traded hands during mid-day trading, an increase of 1,007% from the average daily volume of 7,389 shares. The stock had previously closed at $37.14.

TrueShares Technology, AI & Deep Learning ETF Price Performance

The stock has a market cap of $30.81 million, a price-to-earnings ratio of 56.46 and a beta of 1.22. The firm has a fifty day moving average of $41.23 and a 200 day moving average of $39.96.

Institutional Trading of TrueShares Technology, AI & Deep Learning ETF

A hedge fund recently bought a new stake in TrueShares Technology, AI & Deep Learning ETF stock. Continuum Advisory LLC bought a new stake in TrueShares Technology, AI & Deep Learning ETF (NYSEARCA:LRNZ) during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 1,958 shares of the company’s stock, valued at approximately $79,000. Continuum Advisory LLC owned 0.18% of TrueShares Technology, AI & Deep Learning ETF as of its most recent SEC filing.

TrueShares Technology, AI & Deep Learning ETF Company Profile

The TrueShares Technology, AI and Deep Learning ETF (LRNZ) is an exchange-traded fund that is based on the Nasdaq Composite TR index. The fund is actively managed and invests in global equities focused on artificial intelligence and deep learning. LRNZ was launched on Feb 28, 2020 and is managed by TrueShares.