iShares A.I. Innovation and Tech Active ETF (NYSEARCA:BAI – Get Free Report) shares saw strong trading volume on Tuesday . Approximately 5,051,768 shares were traded during mid-day trading, an increase of 65% from the previous session’s volume of 3,053,887 shares.The stock last traded at $47.2230 and had previously closed at $46.93.
iShares A.I. Innovation and Tech Active ETF Stock Performance
The company’s fifty day simple moving average is $44.06 and its two-hundred day simple moving average is $43.43. The stock has a market capitalization of $15.06 billion, a P/E ratio of 45.43 and a beta of 2.38.
Hedge Funds Weigh In On iShares A.I. Innovation and Tech Active ETF
A number of large investors have recently made changes to their positions in BAI. Team Financial Group LLC boosted its stake in iShares A.I. Innovation and Tech Active ETF by 52.7% in the 1st quarter. Team Financial Group LLC now owns 1,472 shares of the company’s stock valued at $48,000 after purchasing an additional 508 shares during the period. Wells Financial Advisors INC increased its position in iShares A.I. Innovation and Tech Active ETF by 87.0% during the 2nd quarter. Wells Financial Advisors INC now owns 1,141 shares of the company’s stock worth $60,000 after buying an additional 531 shares during the period. Nemes Rush Group LLC lifted its holdings in shares of iShares A.I. Innovation and Tech Active ETF by 531.6% during the fourth quarter. Nemes Rush Group LLC now owns 1,099 shares of the company’s stock worth $37,000 after buying an additional 925 shares in the last quarter. Sound Income Strategies LLC lifted its holdings in shares of iShares A.I. Innovation and Tech Active ETF by 7.3% during the first quarter. Sound Income Strategies LLC now owns 14,156 shares of the company’s stock worth $482,000 after buying an additional 958 shares in the last quarter. Finally, Bogart Wealth LLC bought a new stake in shares of iShares A.I. Innovation and Tech Active ETF in the first quarter valued at about $32,000.
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.
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