Major Outflow Hits Global X Artificial Intelligence & Technology ETF

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Looking at recent changes in ETF shares, the Global X Artificial Intelligence & Technology ETF (AIQ) experienced a significant outflow of approximately $420.9 million, marking a 5.1% decrease in shares outstanding from 161,720,002 to 153,440,002. This adjustment occurred over the past week.

In terms of component performance, during today’s trading, Alibaba Group Holding Ltd (BABA) rose by 1.5%, SAP SE (SAP) increased by 0.8%, and ServiceNow Inc (NOW) saw a 3.6% rise. The ETF’s current share price stands at $51.22, which is lower than its 52-week high of $53.94 and above its low of $30.60.

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