Synergy Investment Management LLC Purchases Shares of 140,781 iShares A.I. Innovation and Tech Active ETF $BAI

Synergy Investment Management LLC purchased a new position in shares of iShares A.I. Innovation and Tech Active ETF (NYSEARCA:BAI) in the 3rd quarter, HoldingsChannel.com reports. The institutional investor purchased 140,781 shares of the company’s stock, valued at approximately $4,809,000. iShares A.I. Innovation and Tech Active ETF accounts for about 1.8% of Synergy Investment Management LLC’s portfolio, making the stock its 14th biggest holding.

Several other institutional investors have also recently modified their holdings of BAI. JPMorgan Chase & Co. raised its holdings in shares of iShares A.I. Innovation and Tech Active ETF by 117.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 8,576,103 shares of the company’s stock valued at $292,960,000 after buying an additional 4,637,810 shares in the last quarter. Western Wealth Management LLC purchased a new position in shares of iShares A.I. Innovation and Tech Active ETF during the third quarter worth approximately $360,000. Cornerstone Planning Group LLC raised its stake in shares of iShares A.I. Innovation and Tech Active ETF by 21,494.6% during the third quarter. Cornerstone Planning Group LLC now owns 55,498 shares of the company’s stock worth $2,054,000 after acquiring an additional 55,241 shares in the last quarter. Tsfg LLC lifted its holdings in shares of iShares A.I. Innovation and Tech Active ETF by 75.6% in the 3rd quarter. Tsfg LLC now owns 243,150 shares of the company’s stock worth $8,306,000 after acquiring an additional 104,721 shares during the last quarter. Finally, Commonwealth Retirement Investments LLC boosted its stake in shares of iShares A.I. Innovation and Tech Active ETF by 131.1% in the 3rd quarter. Commonwealth Retirement Investments LLC now owns 41,294 shares of the company’s stock valued at $1,411,000 after purchasing an additional 23,426 shares in the last quarter.

iShares A.I. Innovation and Tech Active ETF Stock Performance

BAI stock opened at $34.86 on Thursday. The firm has a market cap of $8.72 billion, a P/E ratio of 45.43 and a beta of 2.60. The firm’s fifty day moving average is $34.20 and its 200 day moving average is $33.99. iShares A.I. Innovation and Tech Active ETF has a 52 week low of $18.33 and a 52 week high of $38.04.

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.