Valeo Financial Advisors LLC Buys New Position in iShares A.I. Innovation and Tech Active ETF $BAI

Valeo Financial Advisors LLC bought a new stake in iShares A.I. Innovation and Tech Active ETF (NYSEARCA:BAI) during the second quarter, Holdings Channel.com reports. The fund bought 86,550 shares of the company’s stock, valued at approximately $2,497,000.

Several other hedge funds also recently made changes to their positions in BAI. AdvisorNet Financial Inc purchased a new position in shares of iShares A.I. Innovation and Tech Active ETF in the second quarter worth $26,000. Harbor Investment Advisory LLC bought a new stake in iShares A.I. Innovation and Tech Active ETF in the second quarter valued at $26,000. Crowley Wealth Management Inc. bought a new stake in iShares A.I. Innovation and Tech Active ETF in the first quarter valued at $50,000. Parallel Advisors LLC bought a new stake in iShares A.I. Innovation and Tech Active ETF in the second quarter valued at $67,000. Finally, Sound Income Strategies LLC bought a new stake in iShares A.I. Innovation and Tech Active ETF in the second quarter valued at $190,000.

iShares A.I. Innovation and Tech Active ETF Stock Up 2.0%

NYSEARCA:BAI opened at $35.23 on Tuesday. The stock has a market cap of $6.35 billion and a P/E ratio of 45.43. The firm’s fifty day simple moving average is $32.60 and its 200 day simple moving average is $27.90. iShares A.I. Innovation and Tech Active ETF has a twelve month low of $18.33 and a twelve month high of $35.63.

iShares A.I. Innovation and Tech Active ETF Company 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.