Visionary Horizons LLC Makes New Investment in iShares Future AI & Tech ETF $ARTY

Visionary Horizons LLC bought a new stake in iShares Future AI & Tech ETF (NYSEARCA:ARTY) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 8,483 shares of the company’s stock, valued at approximately $664,000.

Several other institutional investors also recently bought and sold shares of the business. Bank of America Corp DE boosted its position in shares of iShares Future AI & Tech ETF by 2.5% in 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. Royal Bank of Canada grew its holdings in iShares Future AI & Tech ETF by 12.2% during the 1st quarter. Royal Bank of Canada now owns 198,243 shares of the company’s stock worth $9,225,000 after acquiring an additional 21,583 shares in the last quarter. Cetera Investment Advisers grew its stake in iShares Future AI & Tech ETF by 8.7% in the first quarter. Cetera Investment Advisers now owns 157,217 shares of the company’s stock worth $7,315,000 after purchasing an additional 12,626 shares in the last quarter. Envestnet Asset Management Inc. grew its position in shares of iShares Future AI & Tech ETF by 27.1% in the 2nd quarter. Envestnet Asset Management Inc. now owns 139,001 shares of the company’s stock worth $10,586,000 after acquiring an additional 29,635 shares in the last quarter. Finally, CX Institutional increased its stake in iShares Future AI & Tech ETF by 7.8% during the third quarter. CX Institutional now owns 121,452 shares of the company’s stock valued at $9,512,000 after purchasing an additional 8,801 shares during the last quarter.

iShares Future AI & Tech ETF Stock Down 5.6%

Shares of NYSEARCA:ARTY opened at $68.86 on Friday. iShares Future AI & Tech ETF has a fifty-two week low of $43.26 and a fifty-two week high of $81.97. The firm has a 50-day simple moving average of $75.67 and a 200 day simple moving average of $70.81. The company has a market cap of $3.67 billion, a PE ratio of 32.81 and a beta of 1.53.

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.