Kingdom Financial Group LLC. purchased a new stake in iShares Future AI & Tech ETF (NYSEARCA:ARTY – Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 11,024 shares of the company’s stock, valued at approximately $531,000.
A number of other institutional investors and hedge funds also recently modified their holdings of ARTY. BCS Wealth Management purchased a new position in shares of iShares Future AI & Tech ETF in the 4th quarter worth $496,000. Stratos Wealth Partners LTD. increased its stake in iShares Future AI & Tech ETF by 11.1% during the fourth quarter. Stratos Wealth Partners LTD. now owns 224,766 shares of the company’s stock worth $10,829,000 after acquiring an additional 22,494 shares during the last quarter. Cora Capital Advisors LLC raised its holdings in shares of iShares Future AI & Tech ETF by 39.4% in the 3rd quarter. Cora Capital Advisors LLC now owns 74,669 shares of the company’s stock worth $3,418,000 after purchasing an additional 21,111 shares during the period. Avestar Capital LLC purchased a new position in shares of iShares Future AI & Tech ETF in the 3rd quarter worth about $2,088,000. Finally, Assetmark Inc. lifted its stake in shares of iShares Future AI & Tech ETF by 1,433.3% in the 4th quarter. Assetmark Inc. now owns 631,409 shares of the company’s stock valued at $30,421,000 after purchasing an additional 590,228 shares in the last quarter.
iShares Future AI & Tech ETF Stock Performance
Shares of NYSEARCA:ARTY opened at $68.11 on Friday. The stock has a 50-day simple moving average of $56.32 and a 200-day simple moving average of $51.85. The stock has a market capitalization of $3.15 billion, a P/E ratio of 32.81 and a beta of 1.46. iShares Future AI & Tech ETF has a 1 year low of $35.72 and a 1 year high of $69.78.
About iShares Future AI & Tech ETF
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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