Keystone Financial Group Boosts Position in iShares A.I. Innovation and Tech Active ETF $BAI

Keystone Financial Group boosted its position in shares of iShares A.I. Innovation and Tech Active ETF (NYSEARCA:BAI) by 34.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 359,189 shares of the company’s stock after acquiring an additional 91,215 shares during the quarter. iShares A.I. Innovation and Tech Active ETF accounts for 0.9% of Keystone Financial Group’s portfolio, making the stock its 25th biggest holding. Keystone Financial Group owned 0.14% of iShares A.I. Innovation and Tech Active ETF worth $11,961,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of BAI. Team Financial Group LLC increased its position in 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 worth $32,000 after buying an additional 360 shares in the last quarter. EverSource Wealth Advisors LLC purchased a new stake in iShares A.I. Innovation and Tech Active ETF in the second quarter worth about $119,000. Financial Management Professionals Inc. increased its position in iShares A.I. Innovation and Tech Active ETF by 5.4% in the fourth quarter. Financial Management Professionals Inc. now owns 5,674 shares of the company’s stock worth $189,000 after buying an additional 292 shares in the last quarter. Imprint Wealth LLC purchased a new stake in iShares A.I. Innovation and Tech Active ETF in the third quarter worth about $296,000. Finally, Magnolia Private Wealth LLC purchased a new stake in iShares A.I. Innovation and Tech Active ETF in the fourth quarter worth about $298,000.

iShares A.I. Innovation and Tech Active ETF Stock Up 2.6%

Shares of BAI opened at $47.50 on Friday. The business has a 50-day simple moving average of $39.40 and a two-hundred day simple moving average of $36.14. The stock has a market cap of $14.75 billion, a price-to-earnings ratio of 45.43 and a beta of 2.28. iShares A.I. Innovation and Tech Active ETF has a 52 week low of $25.17 and a 52 week high of $48.80.

About iShares A.I. Innovation and Tech Active ETF

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.