Ameritas Advisory Services LLC Takes $451,000 Position in iShares Future AI & Tech ETF $ARTY

Ameritas Advisory Services LLC purchased a new stake in iShares Future AI & Tech ETF (NYSEARCA:ARTY) during the fourth quarter, HoldingsChannel.com reports. The fund purchased 9,351 shares of the company’s stock, valued at approximately $451,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. MMA Asset Management LLC acquired a new stake in iShares Future AI & Tech ETF in the third quarter valued at $25,000. CoreCap Advisors LLC increased its position in shares of iShares Future AI & Tech ETF by 61.8% during the fourth quarter. CoreCap Advisors LLC now owns 571 shares of the company’s stock worth $28,000 after purchasing an additional 218 shares in the last quarter. Howe & Rusling Inc. increased its position in shares of iShares Future AI & Tech ETF by 525.0% during the third quarter. Howe & Rusling Inc. now owns 625 shares of the company’s stock worth $29,000 after purchasing an additional 525 shares in the last quarter. Saranac Partners Ltd acquired a new stake in shares of iShares Future AI & Tech ETF during the third quarter worth about $33,000. Finally, Eukles Asset Management acquired a new stake in shares of iShares Future AI & Tech ETF during the third quarter worth about $34,000.

iShares Future AI & Tech ETF Stock Performance

ARTY opened at $65.80 on Monday. The business’s 50-day simple moving average is $54.97 and its 200-day simple moving average is $51.43. iShares Future AI & Tech ETF has a one year low of $35.72 and a one year high of $69.78. The stock has a market capitalization of $3.04 billion, a P/E ratio of 32.81 and a beta of 1.46.

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. ARTY was launched on Jun 26, 2018 and is issued by BlackRock.