Shira Ridge Wealth Management Acquires 68,245 Shares of iShares Future AI & Tech ETF $ARTY

Shira Ridge Wealth Management increased its holdings in shares of iShares Future AI & Tech ETF (NYSEARCA:ARTY) by 413.7% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 84,743 shares of the company’s stock after buying an additional 68,245 shares during the period. iShares Future AI & Tech ETF comprises approximately 1.6% of Shira Ridge Wealth Management’s portfolio, making the stock its 16th largest position. Shira Ridge Wealth Management owned 0.20% of iShares Future AI & Tech ETF worth $4,083,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in ARTY. Northwestern Mutual Wealth Management Co. increased its stake in shares of iShares Future AI & Tech ETF by 744.8% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 1,206,214 shares of the company’s stock valued at $55,220,000 after acquiring an additional 1,063,439 shares in the last quarter. Hancock Prospecting Pty Ltd bought a new stake in iShares Future AI & Tech ETF during the 3rd quarter worth approximately $48,307,000. Ameriprise Financial Inc. raised its stake in shares of iShares Future AI & Tech ETF by 85.1% in the third quarter. Ameriprise Financial Inc. now owns 1,324,334 shares of the company’s stock worth $60,639,000 after purchasing an additional 608,816 shares during the last quarter. Bank of America Corp DE lifted its holdings in shares of iShares Future AI & Tech ETF by 35.9% in the third quarter. Bank of America Corp DE now owns 1,155,924 shares of the company’s stock valued at $52,918,000 after purchasing an additional 305,380 shares in the last quarter. Finally, Stratos Wealth Partners LTD. lifted its holdings in shares of iShares Future AI & Tech ETF by 1,083.8% in the third quarter. Stratos Wealth Partners LTD. now owns 202,272 shares of the company’s stock valued at $9,260,000 after purchasing an additional 185,185 shares in the last quarter.

iShares Future AI & Tech ETF Trading Down 1.2%

Shares of iShares Future AI & Tech ETF stock opened at $48.48 on Wednesday. The stock has a fifty day simple moving average of $50.58 and a 200 day simple moving average of $48.75. iShares Future AI & Tech ETF has a 12-month low of $26.31 and a 12-month high of $54.79. The company has a market capitalization of $2.11 billion, a P/E ratio of 32.81 and a beta of 1.20.

iShares Future AI & Tech ETF Profile

The iShares Future AI & Tech ETF (ARTY) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a concentrated index of global companies that provide products and services that are expected to contribute to artificial intelligence technologies. Holdings are selected and weighted based on a modified market-cap. ARTY was launched on Jun 26, 2018 and is issued by BlackRock.