iShares A.I. Innovation and Tech Active ETF $BAI Shares Acquired by Tidemark LLC

Tidemark LLC lifted its stake in shares of iShares A.I. Innovation and Tech Active ETF (NYSEARCA:BAI) by 10.9% during the 4th quarter, HoldingsChannel reports. The firm owned 222,116 shares of the company’s stock after purchasing an additional 21,912 shares during the quarter. iShares A.I. Innovation and Tech Active ETF comprises 2.1% of Tidemark LLC’s investment portfolio, making the stock its 18th biggest position. Tidemark LLC’s holdings in iShares A.I. Innovation and Tech Active ETF were worth $7,397,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. JPMorgan Chase & Co. boosted 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 worth $292,960,000 after purchasing an additional 4,637,810 shares during the last quarter. Ameriprise Financial Inc. purchased a new stake in shares of iShares A.I. Innovation and Tech Active ETF during the 3rd quarter valued at approximately $92,637,000. NewEdge Advisors LLC raised its position in shares of iShares A.I. Innovation and Tech Active ETF by 162.3% during the 3rd quarter. NewEdge Advisors LLC now owns 2,682,911 shares of the company’s stock valued at $91,648,000 after buying an additional 1,660,253 shares during the period. United Capital Financial Advisors LLC raised its position in shares of iShares A.I. Innovation and Tech Active ETF by 157.4% during the 3rd quarter. United Capital Financial Advisors LLC now owns 1,437,706 shares of the company’s stock valued at $49,112,000 after buying an additional 879,220 shares during the period. Finally, Integrated Wealth Concepts LLC raised its position in shares of iShares A.I. Innovation and Tech Active ETF by 74.5% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 480,622 shares of the company’s stock valued at $16,418,000 after buying an additional 205,155 shares during the period.

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

BAI stock opened at $51.92 on Wednesday. The firm has a market cap of $16.12 billion, a PE ratio of 45.43 and a beta of 2.28. The firm’s 50 day moving average price is $41.55 and its 200-day moving average price is $36.81. iShares A.I. Innovation and Tech Active ETF has a one year low of $26.30 and a one year high of $51.98.

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.