Cornerstone Planning Group LLC Buys 30,505 Shares of iShares A.I. Innovation and Tech Active ETF $BAI

Cornerstone Planning Group LLC grew its stake in iShares A.I. Innovation and Tech Active ETF (NYSEARCA:BAI) by 49.4% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 92,274 shares of the company’s stock after purchasing an additional 30,505 shares during the period. Cornerstone Planning Group LLC’s holdings in iShares A.I. Innovation and Tech Active ETF were worth $3,040,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in BAI. Team Financial Group LLC lifted its stake in shares of iShares A.I. Innovation and Tech Active ETF by 59.6% in the fourth quarter. Team Financial Group LLC now owns 964 shares of the company’s stock valued at $32,000 after buying an additional 360 shares during the period. Bogart Wealth LLC bought a new position in iShares A.I. Innovation and Tech Active ETF during the first quarter valued at about $32,000. Nemes Rush Group LLC increased its stake in iShares A.I. Innovation and Tech Active ETF by 531.6% during the fourth quarter. Nemes Rush Group LLC now owns 1,099 shares of the company’s stock valued at $37,000 after acquiring an additional 925 shares during the period. Bayban acquired a new position in iShares A.I. Innovation and Tech Active ETF in the 4th quarter valued at approximately $38,000. Finally, Harbor Investment Advisory LLC raised its holdings in iShares A.I. Innovation and Tech Active ETF by 103.7% in the 1st quarter. Harbor Investment Advisory LLC now owns 3,536 shares of the company’s stock valued at $117,000 after acquiring an additional 1,800 shares in the last quarter.

iShares A.I. Innovation and Tech Active ETF Trading Down 1.3%

Shares of BAI stock opened at $42.58 on Friday. The stock has a 50 day moving average of $48.54 and a two-hundred day moving average of $40.31. iShares A.I. Innovation and Tech Active ETF has a 12 month low of $29.39 and a 12 month high of $54.46. The company has a market capitalization of $13.08 billion, a P/E 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.