Janney Montgomery Scott LLC Has $841,000 Stake in iShares Future AI & Tech ETF $ARTY

Janney Montgomery Scott LLC lowered its position in shares of iShares Future AI & Tech ETF (NYSEARCA:ARTY) by 44.6% during the first quarter, HoldingsChannel reports. The fund owned 18,078 shares of the company’s stock after selling 14,543 shares during the quarter. Janney Montgomery Scott LLC’s holdings in iShares Future AI & Tech ETF were worth $841,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of ARTY. Northwestern Mutual Wealth Management Co. grew its holdings in shares of iShares Future AI & Tech ETF by 744.8% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 1,206,214 shares of the company’s stock worth $55,220,000 after purchasing an additional 1,063,439 shares during the last quarter. Hancock Prospecting Pty Ltd bought a new position in iShares Future AI & Tech ETF in the 3rd quarter valued at approximately $48,307,000. Ameriprise Financial Inc. boosted its position in iShares Future AI & Tech ETF by 85.1% during the 3rd quarter. Ameriprise Financial Inc. now owns 1,324,334 shares of the company’s stock worth $60,639,000 after buying an additional 608,816 shares during the period. Assetmark Inc. boosted its position 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 worth $30,421,000 after buying an additional 590,228 shares during the period. Finally, Bank of America Corp DE grew its holdings in iShares Future AI & Tech ETF by 35.9% during the 3rd quarter. Bank of America Corp DE now owns 1,155,924 shares of the company’s stock worth $52,918,000 after acquiring an additional 305,380 shares during the last quarter.

iShares Future AI & Tech ETF Stock Performance

Shares of NYSEARCA ARTY opened at $69.65 on Tuesday. iShares Future AI & Tech ETF has a 52-week low of $40.56 and a 52-week high of $81.85. The firm has a 50 day moving average price of $71.98 and a two-hundred day moving average price of $58.63. The stock has a market cap of $3.65 billion, a P/E ratio of 32.81 and a beta of 1.49.

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.