Tsfg LLC Raises Holdings in iShares A.I. Innovation and Tech Active ETF $BAI

Tsfg LLC boosted its position in iShares A.I. Innovation and Tech Active ETF (NYSEARCA:BAI) by 75.6% during the 3rd quarter, Holdings Channel reports. The fund owned 243,150 shares of the company’s stock after acquiring an additional 104,721 shares during the quarter. iShares A.I. Innovation and Tech Active ETF makes up 1.3% of Tsfg LLC’s portfolio, making the stock its 23rd biggest holding. Tsfg LLC’s holdings in iShares A.I. Innovation and Tech Active ETF were worth $8,306,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Harbor Investment Advisory LLC grew its stake in iShares A.I. Innovation and Tech Active ETF by 89.5% during the 3rd quarter. Harbor Investment Advisory LLC now owns 1,681 shares of the company’s stock worth $57,000 after buying an additional 794 shares during the last quarter. AdvisorNet Financial Inc increased its stake in iShares A.I. Innovation and Tech Active ETF by 147.3% in the third quarter. AdvisorNet Financial Inc now owns 2,213 shares of the company’s stock valued at $76,000 after purchasing an additional 1,318 shares during the period. Golden State Wealth Management LLC purchased a new stake in shares of iShares A.I. Innovation and Tech Active ETF during the second quarter worth approximately $103,000. EverSource Wealth Advisors LLC purchased a new stake in shares of iShares A.I. Innovation and Tech Active ETF in the second quarter valued at about $119,000. Finally, Financial Management Professionals Inc. increased its position in iShares A.I. Innovation and Tech Active ETF by 462.4% during the 3rd quarter. Financial Management Professionals Inc. now owns 5,382 shares of the company’s stock worth $184,000 after purchasing an additional 4,425 shares during the period.

iShares A.I. Innovation and Tech Active ETF Stock Up 0.6%

Shares of BAI opened at $34.67 on Tuesday. iShares A.I. Innovation and Tech Active ETF has a 52-week low of $18.33 and a 52-week high of $38.04. The company has a 50-day simple moving average of $34.29 and a 200-day simple moving average of $33.69. The company has a market capitalization of $8.58 billion, a PE ratio of 45.43 and a beta of 2.60.

About iShares A.I. Innovation and Tech Active ETF

The iShares A.I. Innovation and Tech Active ETF (BAI) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed portfolio of global AI and technology equities across all market capitalizations. Holdings are selected using proprietary, fundamental research. BAI was launched on Oct 21, 2024 and is issued by BlackRock.