Jefferies Financial Group Inc. Raises Position in iShares Future AI & Tech ETF $ARTY

Jefferies Financial Group Inc. increased its stake in iShares Future AI & Tech ETF (NYSEARCA:ARTY) by 24.4% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 8,249 shares of the company’s stock after buying an additional 1,619 shares during the quarter. Jefferies Financial Group Inc.’s holdings in iShares Future AI & Tech ETF were worth $338,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. IFP Advisors Inc purchased a new position in iShares Future AI & Tech ETF in the 1st quarter worth approximately $50,000. Avantax Advisory Services Inc. acquired a new position in shares of iShares Future AI & Tech ETF during the first quarter worth $293,000. Cetera Investment Advisers boosted its stake in shares of iShares Future AI & Tech ETF by 124.4% in the first quarter. Cetera Investment Advisers now owns 89,321 shares of the company’s stock valued at $2,809,000 after purchasing an additional 49,512 shares during the period. Assetmark Inc. acquired a new stake in iShares Future AI & Tech ETF during the 1st quarter valued at $812,000. Finally, HB Wealth Management LLC purchased a new stake in iShares Future AI & Tech ETF during the 1st quarter worth $299,000.

iShares Future AI & Tech ETF Price Performance

Shares of ARTY stock opened at $47.55 on Friday. The company’s fifty day moving average price is $47.72 and its two-hundred day moving average price is $43.26. The firm has a market capitalization of $1.89 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 $51.79.

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.