Wharton Business Group LLC Has $45.28 Million Position in iShares Future AI & Tech ETF $ARTY

Wharton Business Group LLC grew its holdings in shares of iShares Future AI & Tech ETF (NYSEARCA:ARTY) by 2.4% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 989,042 shares of the company’s stock after buying an additional 22,740 shares during the quarter. iShares Future AI & Tech ETF makes up 1.8% of Wharton Business Group LLC’s portfolio, making the stock its 18th largest position. Wharton Business Group LLC owned about 2.49% of iShares Future AI & Tech ETF worth $45,277,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the stock. SOA Wealth Advisors LLC. increased its position in shares of iShares Future AI & Tech ETF by 269.4% in the third quarter. SOA Wealth Advisors LLC. now owns 543 shares of the company’s stock valued at $25,000 after acquiring an additional 396 shares during the last quarter. MMA Asset Management LLC bought a new position in iShares Future AI & Tech ETF in the third quarter valued at approximately $25,000. Heartwood Wealth Advisors LLC acquired a new position in shares of iShares Future AI & Tech ETF during the 3rd quarter worth approximately $27,000. Howe & Rusling Inc. raised its stake in shares of iShares Future AI & Tech ETF by 525.0% during the 3rd quarter. Howe & Rusling Inc. now owns 625 shares of the company’s stock worth $29,000 after purchasing an additional 525 shares in the last quarter. Finally, Total Investment Management Inc. acquired a new stake in shares of iShares Future AI & Tech ETF in the 2nd quarter valued at approximately $26,000.

iShares Future AI & Tech ETF Stock Down 0.2%

Shares of NYSEARCA:ARTY traded down $0.09 during midday trading on Friday, hitting $51.00. The stock had a trading volume of 78,287 shares, compared to its average volume of 540,528. The company has a market cap of $2.22 billion, a P/E ratio of 32.81 and a beta of 1.20. iShares Future AI & Tech ETF has a 12 month low of $26.31 and a 12 month high of $54.79. The business’s 50-day simple moving average is $50.16 and its 200-day simple moving average is $47.52.

About iShares Future AI & Tech ETF

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.