19,102 Shares in First Trust Bloomberg Artificial Intelligence ETF $FAI Bought by RPS Advisory Solutions LLC

RPS Advisory Solutions LLC purchased a new position in First Trust Bloomberg Artificial Intelligence ETF (NYSEARCA:FAI) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 19,102 shares of the company’s stock, valued at approximately $785,000. RPS Advisory Solutions LLC owned about 2.39% of First Trust Bloomberg Artificial Intelligence ETF at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the company. International Assets Investment Management LLC bought a new position in First Trust Bloomberg Artificial Intelligence ETF during the fourth quarter worth $33,000. Acorn Financial Advisory Services Inc. ADV bought a new position in First Trust Bloomberg Artificial Intelligence ETF during the fourth quarter worth $348,000. Chicago Partners Investment Group LLC lifted its stake in First Trust Bloomberg Artificial Intelligence ETF by 115.9% during the fourth quarter. Chicago Partners Investment Group LLC now owns 12,210 shares of the company’s stock worth $514,000 after purchasing an additional 6,555 shares during the last quarter. BankPlus Trust Department bought a new position in First Trust Bloomberg Artificial Intelligence ETF during the fourth quarter worth $25,000. Finally, Brookstone Capital Management bought a new position in First Trust Bloomberg Artificial Intelligence ETF during the fourth quarter worth $205,000.

First Trust Bloomberg Artificial Intelligence ETF Price Performance

Shares of FAI opened at $49.22 on Wednesday. The business’s fifty day moving average price is $42.63 and its 200 day moving average price is $41.52. First Trust Bloomberg Artificial Intelligence ETF has a 12-month low of $30.98 and a 12-month high of $51.35. The stock has a market capitalization of $51.68 million, a PE ratio of 33.52 and a beta of 1.92.

First Trust Bloomberg Artificial Intelligence ETF Company Profile

The First Trust Bloomberg Artificial Intelligence ETF (FAI) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a market cap-weighted index of companies in the artificial intelligence AI industry. It comprises the top 50 securities globally by revenue and themes assessments. FAI was launched on Nov 20, 2024 and is issued by First Trust.