Wealth Enhancement Advisory Services LLC Sells 50,680 Shares of iShares Future AI & Tech ETF $ARTY

Wealth Enhancement Advisory Services LLC trimmed its holdings in shares of iShares Future AI & Tech ETF (NYSEARCA:ARTY) by 61.9% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 31,217 shares of the company’s stock after selling 50,680 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in iShares Future AI & Tech ETF were worth $1,590,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Northwestern Mutual Wealth Management Co. boosted its position in iShares Future AI & Tech ETF by 744.8% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 1,206,214 shares of the company’s stock worth $55,220,000 after purchasing an additional 1,063,439 shares during the last quarter. Hancock Prospecting Pty Ltd purchased a new stake in shares of iShares Future AI & Tech ETF during the 3rd quarter valued at $48,307,000. Ameriprise Financial Inc. raised its stake in shares of iShares Future AI & Tech ETF by 85.1% during the 3rd quarter. Ameriprise Financial Inc. now owns 1,324,334 shares of the company’s stock worth $60,639,000 after purchasing an additional 608,816 shares during the period. Bank of America Corp DE boosted its holdings in shares of iShares Future AI & Tech ETF by 35.9% in the 3rd quarter. Bank of America Corp DE now owns 1,155,924 shares of the company’s stock worth $52,918,000 after buying an additional 305,380 shares during the last quarter. Finally, Stratos Wealth Partners LTD. boosted its holdings in shares of iShares Future AI & Tech ETF by 1,083.8% in the 3rd quarter. Stratos Wealth Partners LTD. now owns 202,272 shares of the company’s stock worth $9,260,000 after buying an additional 185,185 shares during the last quarter.

iShares Future AI & Tech ETF Stock Performance

ARTY opened at $47.73 on Friday. iShares Future AI & Tech ETF has a fifty-two week low of $26.31 and a fifty-two week high of $54.79. The firm has a 50-day moving average of $49.89 and a 200 day moving average of $48.85. The firm has a market cap of $2.14 billion, a P/E ratio of 32.81 and a beta of 1.20.

iShares Future AI & Tech ETF Company 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. ARTY was launched on Jun 26, 2018 and is issued by BlackRock.