Legacy Financial Group LLC Purchases 11,178 Shares of iShares A.I. Innovation and Tech Active ETF $BAI

Legacy Financial Group LLC increased its position in iShares A.I. Innovation and Tech Active ETF (NYSEARCA:BAI) by 4.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 243,221 shares of the company’s stock after purchasing an additional 11,178 shares during the quarter. iShares A.I. Innovation and Tech Active ETF makes up 1.0% of Legacy Financial Group LLC’s portfolio, making the stock its 27th biggest position. Legacy Financial Group LLC’s holdings in iShares A.I. Innovation and Tech Active ETF were worth $7,939,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in BAI. EverSource Wealth Advisors LLC bought a new position in shares of iShares A.I. Innovation and Tech Active ETF in the 2nd quarter valued at about $119,000. Redwood Investment Management LLC acquired a new stake in shares of iShares A.I. Innovation and Tech Active ETF during the 2nd quarter worth approximately $582,000. Harbor Investment Advisory LLC raised its stake in shares of iShares A.I. Innovation and Tech Active ETF by 89.5% during the third 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. Arkadios Wealth Advisors bought a new stake in shares of iShares A.I. Innovation and Tech Active ETF during the third quarter worth approximately $631,000. Finally, Twin Peaks Wealth Advisors LLC lifted its holdings in iShares A.I. Innovation and Tech Active ETF by 130.5% in the third quarter. Twin Peaks Wealth Advisors LLC now owns 102,411 shares of the company’s stock valued at $3,498,000 after buying an additional 57,973 shares during the period.

iShares A.I. Innovation and Tech Active ETF Stock Performance

Shares of BAI stock opened at $48.64 on Friday. The firm’s 50 day moving average price is $38.15 and its two-hundred day moving average price is $35.82. iShares A.I. Innovation and Tech Active ETF has a 52-week low of $25.17 and a 52-week high of $48.80. The stock has a market cap of $15.10 billion, a PE ratio of 45.43 and a beta of 2.28.

iShares A.I. Innovation and Tech Active ETF Company Profile

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.