Cascade Investment Group Inc. Purchases 34,134 Shares of iShares Future AI & Tech ETF $ARTY

Cascade Investment Group Inc. purchased a new stake in iShares Future AI & Tech ETF (NYSEARCA:ARTY) in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund purchased 34,134 shares of the company’s stock, valued at approximately $2,673,000. iShares Future AI & Tech ETF makes up about 1.5% of Cascade Investment Group Inc.’s investment portfolio, making the stock its 11th largest holding. Cascade Investment Group Inc. owned 0.06% of iShares Future AI & Tech ETF as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Bank of America Corp DE boosted its position in shares of iShares Future AI & Tech ETF by 2.5% during the 1st quarter. Bank of America Corp DE now owns 1,378,580 shares of the company’s stock worth $64,145,000 after purchasing an additional 33,575 shares in the last quarter. Envestnet Asset Management Inc. increased its position in iShares Future AI & Tech ETF by 27.1% in the 2nd quarter. Envestnet Asset Management Inc. now owns 139,001 shares of the company’s stock valued at $10,586,000 after buying an additional 29,635 shares in the last quarter. CX Institutional raised its stake in iShares Future AI & Tech ETF by 7.8% during the 3rd quarter. CX Institutional now owns 121,452 shares of the company’s stock worth $9,512,000 after buying an additional 8,801 shares during the period. Royal Bank of Canada raised its stake in iShares Future AI & Tech ETF by 12.2% during the 1st quarter. Royal Bank of Canada now owns 198,243 shares of the company’s stock worth $9,225,000 after buying an additional 21,583 shares during the period. Finally, Cetera Investment Advisers raised its stake in iShares Future AI & Tech ETF by 8.7% during the 1st quarter. Cetera Investment Advisers now owns 157,217 shares of the company’s stock worth $7,315,000 after buying an additional 12,626 shares during the period.

iShares Future AI & Tech ETF Stock Down 1.0%

NYSEARCA:ARTY traded down $0.76 on Tuesday, hitting $76.66. The stock had a trading volume of 208,862 shares, compared to its average volume of 635,426. The business’s fifty day moving average is $75.90 and its 200 day moving average is $69.39. The company has a market cap of $4.14 billion, a PE ratio of 32.81 and a beta of 1.53. iShares Future AI & Tech ETF has a 52 week low of $43.26 and a 52 week high of $81.97.

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