Investment Partners LTD. acquired a new position in iShares Future AI & Tech ETF (NYSEARCA:ARTY – Free Report) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 16,408 shares of the company’s stock, valued at approximately $1,285,000.
Other institutional investors have also made changes to their positions in the company. Bank of America Corp DE boosted its position in shares of iShares Future AI & Tech ETF by 2.5% during the first quarter. Bank of America Corp DE now owns 1,378,580 shares of the company’s stock worth $64,145,000 after buying an additional 33,575 shares during the period. Envestnet Asset Management Inc. raised its stake in iShares Future AI & Tech ETF by 27.1% in the second quarter. Envestnet Asset Management Inc. now owns 139,001 shares of the company’s stock valued at $10,586,000 after purchasing an additional 29,635 shares in the last quarter. CX Institutional boosted its stake in iShares Future AI & Tech ETF by 7.8% in the third quarter. CX Institutional now owns 121,452 shares of the company’s stock valued at $9,512,000 after buying an additional 8,801 shares in the last quarter. Royal Bank of Canada raised its position in iShares Future AI & Tech ETF by 12.2% in the first quarter. Royal Bank of Canada now owns 198,243 shares of the company’s stock valued at $9,225,000 after purchasing an additional 21,583 shares during the last quarter. Finally, BostonPremier Wealth LLC raised its position in shares of iShares Future AI & Tech ETF by 0.6% during the third quarter. BostonPremier Wealth LLC now owns 97,095 shares of the company’s stock worth $7,604,000 after acquiring an additional 580 shares during the last quarter.
iShares Future AI & Tech ETF Price Performance
NYSEARCA:ARTY opened at $68.40 on Friday. The company has a market cap of $3.64 billion, a PE ratio of 32.81 and a beta of 1.53. The firm has a 50-day moving average of $75.17 and a 200-day moving average of $64.96. iShares Future AI & Tech ETF has a one year low of $43.26 and a one year high of $81.97.
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.
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