Sunbelt Securities Inc. Buys 27,655 Shares of iShares A.I. Innovation and Tech Active ETF $BAI

Sunbelt Securities Inc. grew its stake in iShares A.I. Innovation and Tech Active ETF (NYSEARCA:BAI) by 58.0% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 75,365 shares of the company’s stock after purchasing an additional 27,655 shares during the period. Sunbelt Securities Inc.’s holdings in iShares A.I. Innovation and Tech Active ETF were worth $2,510,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in BAI. Imprint Wealth LLC increased its position in iShares A.I. Innovation and Tech Active ETF by 36.1% during the 4th quarter. Imprint Wealth LLC now owns 11,789 shares of the company’s stock worth $393,000 after purchasing an additional 3,128 shares in the last quarter. Advisory Services Network LLC lifted its stake in iShares A.I. Innovation and Tech Active ETF by 11.5% in the 4th quarter. Advisory Services Network LLC now owns 224,327 shares of the company’s stock valued at $7,470,000 after purchasing an additional 23,141 shares during the last quarter. Icon Wealth Advisors LLC boosted its position in iShares A.I. Innovation and Tech Active ETF by 7.1% in the fourth quarter. Icon Wealth Advisors LLC now owns 616,023 shares of the company’s stock valued at $20,514,000 after buying an additional 40,650 shares in the last quarter. Gen Wealth Partners Inc boosted its position in iShares A.I. Innovation and Tech Active ETF by 12.6% in the fourth quarter. Gen Wealth Partners Inc now owns 120,373 shares of the company’s stock valued at $4,008,000 after buying an additional 13,490 shares in the last quarter. Finally, Integrated Wealth Concepts LLC grew its stake in shares of iShares A.I. Innovation and Tech Active ETF by 61.8% during the fourth quarter. Integrated Wealth Concepts LLC now owns 777,441 shares of the company’s stock worth $25,889,000 after buying an additional 296,819 shares during the last quarter.

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

Shares of NYSEARCA:BAI opened at $53.20 on Friday. The company has a fifty day moving average of $45.63 and a 200-day moving average of $38.26. The company has a market capitalization of $16.52 billion, a PE ratio of 45.43 and a beta of 2.32. iShares A.I. Innovation and Tech Active ETF has a 52-week low of $26.70 and a 52-week high of $53.44.

About iShares A.I. Innovation and Tech Active ETF

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.