Stonebrook Private Inc. Acquires New Holdings in iShares Future AI & Tech ETF $ARTY

Stonebrook Private Inc. acquired a new stake in shares of iShares Future AI & Tech ETF (NYSEARCA:ARTY) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 32,527 shares of the company’s stock, valued at approximately $1,567,000. Stonebrook Private Inc. owned 0.07% of iShares Future AI & Tech ETF as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the business. Northwestern Mutual Wealth Management Co. increased its holdings in iShares Future AI & Tech ETF by 73.6% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 2,094,259 shares of the company’s stock valued at $100,901,000 after buying an additional 888,045 shares during the period. Ameriprise Financial Inc. grew its holdings in 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 grew its holdings in 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 worth $52,918,000 after purchasing an additional 305,380 shares during the last quarter. LPL Financial LLC grew its holdings in iShares Future AI & Tech ETF by 13.4% in the fourth quarter. LPL Financial LLC now owns 1,112,697 shares of the company’s stock worth $53,610,000 after purchasing an additional 131,297 shares during the last quarter. Finally, Hancock Prospecting Pty Ltd purchased a new position in iShares Future AI & Tech ETF in the third quarter worth $48,307,000.

iShares Future AI & Tech ETF Trading Down 2.6%

NYSEARCA ARTY opened at $71.99 on Wednesday. The firm has a market capitalization of $3.33 billion, a P/E ratio of 32.81 and a beta of 1.50. iShares Future AI & Tech ETF has a 12-month low of $37.78 and a 12-month high of $81.85. The firm’s fifty day simple moving average is $62.88 and its two-hundred day simple moving average is $54.23.

iShares Future AI & Tech ETF Company 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.