Synergy Investment Management LLC boosted its position in iShares A.I. Innovation and Tech Active ETF (NYSEARCA:BAI – Free Report) by 16.4% in the fourth quarter, HoldingsChannel.com reports. The firm owned 163,857 shares of the company’s stock after purchasing an additional 23,076 shares during the quarter. iShares A.I. Innovation and Tech Active ETF comprises approximately 1.9% of Synergy Investment Management LLC’s investment portfolio, making the stock its 13th biggest holding. Synergy Investment Management LLC’s holdings in iShares A.I. Innovation and Tech Active ETF were worth $5,456,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. EverSource Wealth Advisors LLC acquired a new position in shares of iShares A.I. Innovation and Tech Active ETF during the 2nd quarter valued at $119,000. Redwood Investment Management LLC acquired a new stake in shares of iShares A.I. Innovation and Tech Active ETF in the second quarter valued at $582,000. Arkadios Wealth Advisors bought a new position in iShares A.I. Innovation and Tech Active ETF during the third quarter valued at about $631,000. Twin Peaks Wealth Advisors LLC grew its holdings in iShares A.I. Innovation and Tech Active ETF by 130.5% during the third quarter. Twin Peaks Wealth Advisors LLC now owns 102,411 shares of the company’s stock worth $3,498,000 after acquiring an additional 57,973 shares during the period. Finally, Tidemark LLC grew its holdings in iShares A.I. Innovation and Tech Active ETF by 186.5% during the third quarter. Tidemark LLC now owns 200,204 shares of the company’s stock worth $6,839,000 after acquiring an additional 130,335 shares during the period.
iShares A.I. Innovation and Tech Active ETF Trading Down 2.7%
Shares of iShares A.I. Innovation and Tech Active ETF stock opened at $45.51 on Tuesday. iShares A.I. Innovation and Tech Active ETF has a 52 week low of $25.17 and a 52 week high of $48.80. The company’s 50-day moving average price is $38.64 and its two-hundred day moving average price is $35.96. The stock has a market cap of $14.13 billion, a PE ratio of 45.43 and a beta of 2.28.
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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