Blue Edge Capital LLC Acquires Shares of 289,873 iShares A.I. Innovation and Tech Active ETF $BAI

Blue Edge Capital LLC acquired a new stake in iShares A.I. Innovation and Tech Active ETF (NYSEARCA:BAI) in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 289,873 shares of the company’s stock, valued at approximately $15,282,000. iShares A.I. Innovation and Tech Active ETF accounts for approximately 1.8% of Blue Edge Capital LLC’s portfolio, making the stock its 16th biggest holding.

A number of other institutional investors have also modified their holdings of the business. JPMorgan Chase & Co. grew its position in iShares A.I. Innovation and Tech Active ETF by 89.3% during the 4th quarter. JPMorgan Chase & Co. now owns 16,235,223 shares of the company’s stock worth $540,633,000 after purchasing an additional 7,659,120 shares during the last quarter. Janney Montgomery Scott LLC raised its holdings in shares of iShares A.I. Innovation and Tech Active ETF by 14.0% in the first quarter. Janney Montgomery Scott LLC now owns 3,721,827 shares of the company’s stock valued at $122,634,000 after buying an additional 456,830 shares during the last quarter. Bank of New York Mellon Corp grew its holdings in shares of iShares A.I. Innovation and Tech Active ETF by 10.4% during the first quarter. Bank of New York Mellon Corp now owns 3,198,581 shares of the company’s stock worth $105,393,000 after buying an additional 300,664 shares during the last quarter. Ameriprise Financial Inc. acquired a new position in iShares A.I. Innovation and Tech Active ETF in the 3rd quarter valued at about $92,637,000. Finally, NewEdge Advisors LLC increased its position in iShares A.I. Innovation and Tech Active ETF by 162.3% in the 3rd quarter. NewEdge Advisors LLC now owns 2,682,911 shares of the company’s stock valued at $91,648,000 after acquiring an additional 1,660,253 shares during the period.

iShares A.I. Innovation and Tech Active ETF Stock Up 2.1%

BAI opened at $45.20 on Friday. iShares A.I. Innovation and Tech Active ETF has a 52 week low of $30.36 and a 52 week high of $54.46. The business has a 50 day moving average price of $45.76 and a two-hundred day moving average price of $42.32. The company has a market cap of $13.92 billion, a PE ratio of 45.43 and a beta of 2.37.

iShares A.I. Innovation and Tech Active ETF 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.