HighTower Advisors LLC Increases Holdings in iShares Future AI & Tech ETF $ARTY

HighTower Advisors LLC boosted its holdings in shares of iShares Future AI & Tech ETF (NYSEARCA:ARTY) by 29.7% during the fourth quarter, Holdings Channel reports. The firm owned 255,108 shares of the company’s stock after acquiring an additional 58,451 shares during the quarter. HighTower Advisors LLC’s holdings in iShares Future AI & Tech ETF were worth $12,291,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. BCS Wealth Management purchased a new position in iShares Future AI & Tech ETF during the 4th quarter valued at about $496,000. Stratos Wealth Partners LTD. increased its holdings in iShares Future AI & Tech ETF by 11.1% during the 4th quarter. Stratos Wealth Partners LTD. now owns 224,766 shares of the company’s stock valued at $10,829,000 after purchasing an additional 22,494 shares during the period. Cora Capital Advisors LLC increased its holdings in iShares Future AI & Tech ETF by 39.4% during the 3rd quarter. Cora Capital Advisors LLC now owns 74,669 shares of the company’s stock valued at $3,418,000 after purchasing an additional 21,111 shares during the period. Avestar Capital LLC purchased a new position in iShares Future AI & Tech ETF during the 3rd quarter valued at about $2,088,000. Finally, Assetmark Inc. increased its holdings in iShares Future AI & Tech ETF by 1,433.3% during 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 during the period.

iShares Future AI & Tech ETF Stock Performance

ARTY stock opened at $68.78 on Monday. iShares Future AI & Tech ETF has a fifty-two week low of $35.72 and a fifty-two week high of $69.78. The business’s 50 day moving average price is $56.69 and its two-hundred day moving average price is $51.97. The company has a market capitalization of $3.18 billion, a price-to-earnings ratio of 32.81 and a beta of 1.46.

iShares Future AI & Tech ETF Company 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.