Kestra Advisory Services LLC Acquires 31,482 Shares of iShares Future AI & Tech ETF $ARTY

Kestra Advisory Services LLC lifted its holdings in iShares Future AI & Tech ETF (NYSEARCA:ARTY) by 50.3% in the first quarter, according to the company in its most recent filing with the SEC. The fund owned 94,027 shares of the company’s stock after acquiring an additional 31,482 shares during the quarter. Kestra Advisory Services LLC owned 0.20% of iShares Future AI & Tech ETF worth $4,375,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in the business. Northwestern Mutual Wealth Management Co. raised its position in iShares Future AI & Tech ETF by 744.8% in the 3rd 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 period. Hancock Prospecting Pty Ltd purchased a new stake in iShares Future AI & Tech ETF during the third quarter valued at about $48,307,000. Ameriprise Financial Inc. grew its stake in shares of iShares Future AI & Tech ETF by 85.1% during the third quarter. Ameriprise Financial Inc. now owns 1,324,334 shares of the company’s stock valued at $60,639,000 after buying an additional 608,816 shares during the last quarter. Assetmark Inc. grew its stake in shares of iShares Future AI & Tech ETF by 1,433.3% during the fourth quarter. Assetmark Inc. now owns 631,409 shares of the company’s stock valued at $30,421,000 after buying an additional 590,228 shares during the last quarter. Finally, Bank of America Corp DE grew its stake in shares of iShares Future AI & Tech ETF by 35.9% during the third quarter. Bank of America Corp DE now owns 1,155,924 shares of the company’s stock valued at $52,918,000 after buying an additional 305,380 shares during the last quarter.

iShares Future AI & Tech ETF Trading Down 4.0%

ARTY opened at $66.05 on Friday. iShares Future AI & Tech ETF has a 12 month low of $40.56 and a 12 month high of $81.85. The business’s 50-day moving average price is $72.09 and its 200-day moving average price is $59.05. The company has a market cap of $3.46 billion, a P/E ratio of 32.81 and a beta of 1.49.

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.