Janney Montgomery Scott LLC Buys 195,724 Shares of iShares A.I. Innovation and Tech Active ETF $BAI

Janney Montgomery Scott LLC boosted its holdings in shares of iShares A.I. Innovation and Tech Active ETF (NYSEARCA:BAI) by 6.4% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,264,997 shares of the company’s stock after purchasing an additional 195,724 shares during the period. Janney Montgomery Scott LLC owned 1.31% of iShares A.I. Innovation and Tech Active ETF worth $108,724,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Commonwealth Retirement Investments LLC increased its holdings in iShares A.I. Innovation and Tech Active ETF by 9.7% during the 4th quarter. Commonwealth Retirement Investments LLC now owns 45,319 shares of the company’s stock valued at $1,509,000 after purchasing an additional 4,025 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in iShares A.I. Innovation and Tech Active ETF by 89.3% during the 4th quarter. JPMorgan Chase & Co. now owns 16,235,223 shares of the company’s stock valued at $540,633,000 after purchasing an additional 7,659,120 shares in the last quarter. Nemes Rush Group LLC increased its holdings in iShares A.I. Innovation and Tech Active ETF by 531.6% during the 4th quarter. Nemes Rush Group LLC now owns 1,099 shares of the company’s stock valued at $37,000 after purchasing an additional 925 shares in the last quarter. Continuum Advisory LLC acquired a new stake in iShares A.I. Innovation and Tech Active ETF during the 4th quarter valued at $222,000. Finally, Bank of New York Mellon Corp increased its holdings in iShares A.I. Innovation and Tech Active ETF by 13.2% during the 4th quarter. Bank of New York Mellon Corp now owns 2,897,917 shares of the company’s stock valued at $96,501,000 after purchasing an additional 339,018 shares in the last quarter.

iShares A.I. Innovation and Tech Active ETF Price Performance

BAI stock opened at $45.58 on Thursday. The business has a fifty day moving average price of $43.66 and a 200 day moving average price of $37.55. iShares A.I. Innovation and Tech Active ETF has a fifty-two week low of $26.61 and a fifty-two week high of $52.53. The stock has a market capitalization of $14.15 billion, a price-to-earnings ratio of 45.43 and a beta of 2.32.

iShares A.I. Innovation and Tech Active ETF Company Profile

The iShares A.I. Innovation and Tech Active ETF (BAI) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed portfolio of global AI and technology equities across all market capitalizations. Holdings are selected using proprietary, fundamental research. BAI was launched on Oct 21, 2024 and is issued by BlackRock.