Arkadios Wealth Advisors trimmed its position in shares of iShares Future AI & Tech ETF (NYSEARCA:ARTY – Free Report) by 81.6% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 44,860 shares of the company’s stock after selling 199,033 shares during the quarter. Arkadios Wealth Advisors owned 0.16% of iShares Future AI & Tech ETF worth $1,839,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also made changes to their positions in the company. Cascade Investment Group Inc. increased its stake in shares of iShares Future AI & Tech ETF by 0.9% during the second quarter. Cascade Investment Group Inc. now owns 28,902 shares of the company’s stock worth $1,185,000 after acquiring an additional 250 shares during the period. Consolidated Portfolio Review Corp increased its stake in shares of iShares Future AI & Tech ETF by 2.2% during the second quarter. Consolidated Portfolio Review Corp now owns 14,561 shares of the company’s stock worth $597,000 after acquiring an additional 318 shares during the period. Intrua Financial LLC increased its stake in shares of iShares Future AI & Tech ETF by 0.9% during the first quarter. Intrua Financial LLC now owns 40,640 shares of the company’s stock worth $1,278,000 after acquiring an additional 358 shares during the period. Cambridge Investment Research Advisors Inc. increased its stake in shares of iShares Future AI & Tech ETF by 2.9% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 23,611 shares of the company’s stock worth $743,000 after acquiring an additional 673 shares during the period. Finally, Capital Investment Advisory Services LLC acquired a new position in shares of iShares Future AI & Tech ETF during the first quarter worth about $26,000.
iShares Future AI & Tech ETF Stock Up 1.0%
Shares of iShares Future AI & Tech ETF stock opened at $51.11 on Friday. iShares Future AI & Tech ETF has a 52-week low of $26.31 and a 52-week high of $51.63. The company’s 50-day simple moving average is $46.18 and its 200-day simple moving average is $41.16. The firm has a market cap of $2.01 billion, a price-to-earnings ratio of 32.81 and a beta of 1.20.
iShares Future AI & Tech ETF Profile
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.
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