Sageworth Trust Co boosted its position in shares of iShares A.I. Innovation and Tech Active ETF (NYSEARCA:BAI – Free Report) by 42.4% in the first quarter, HoldingsChannel.com reports. The fund owned 42,278 shares of the company’s stock after acquiring an additional 12,585 shares during the quarter. Sageworth Trust Co’s holdings in iShares A.I. Innovation and Tech Active ETF were worth $1,393,000 as of its most recent filing with the SEC.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Farther Finance Advisors LLC raised its stake in shares of iShares A.I. Innovation and Tech Active ETF by 59.7% in the fourth quarter. Farther Finance Advisors LLC now owns 322,376 shares of the company’s stock worth $10,735,000 after purchasing an additional 120,575 shares during the last quarter. Tsfg LLC lifted its holdings in shares of iShares A.I. Innovation and Tech Active ETF by 68.8% during the fourth quarter. Tsfg LLC now owns 410,352 shares of the company’s stock worth $13,665,000 after purchasing an additional 167,202 shares during the period. Strategic Blueprint LLC lifted its holdings in shares of iShares A.I. Innovation and Tech Active ETF by 21.0% during the fourth quarter. Strategic Blueprint LLC now owns 313,574 shares of the company’s stock worth $10,442,000 after purchasing an additional 54,362 shares during the period. Flow Traders U.S. LLC purchased a new stake in iShares A.I. Innovation and Tech Active ETF in the third quarter valued at approximately $2,546,000. Finally, Legacy Financial Group LLC boosted its position in iShares A.I. Innovation and Tech Active ETF by 4.8% in the fourth quarter. Legacy Financial Group LLC now owns 243,221 shares of the company’s stock valued at $7,939,000 after buying an additional 11,178 shares during the last quarter.
iShares A.I. Innovation and Tech Active ETF Trading Up 1.9%
Shares of NYSEARCA:BAI opened at $46.43 on Thursday. iShares A.I. Innovation and Tech Active ETF has a twelve month low of $28.62 and a twelve month high of $54.46. The company’s 50 day moving average is $48.33 and its 200 day moving average is $39.78. The company has a market cap of $13.73 billion, a PE ratio of 45.43 and a beta of 2.26.
iShares A.I. Innovation and Tech Active ETF 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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