Janney Montgomery Scott LLC Purchases 456,830 Shares of iShares A.I. Innovation and Tech Active ETF $BAI

Janney Montgomery Scott LLC increased its position in shares of iShares A.I. Innovation and Tech Active ETF (NYSEARCA:BAI) by 14.0% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,721,827 shares of the company’s stock after buying an additional 456,830 shares during the period. Janney Montgomery Scott LLC’s holdings in iShares A.I. Innovation and Tech Active ETF were worth $122,634,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. JPMorgan Chase & Co. lifted its stake in iShares A.I. Innovation and Tech Active ETF by 89.3% in the fourth quarter. JPMorgan Chase & Co. now owns 16,235,223 shares of the company’s stock worth $540,633,000 after acquiring an additional 7,659,120 shares during the period. Bank of New York Mellon Corp increased its position 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 during the period. Ameriprise Financial Inc. bought a new stake in shares of iShares A.I. Innovation and Tech Active ETF in the 3rd quarter valued at about $92,637,000. NewEdge Advisors LLC raised its holdings in shares of iShares A.I. Innovation and Tech Active ETF by 162.3% in the 3rd quarter. NewEdge Advisors LLC now owns 2,682,911 shares of the company’s stock valued at $91,648,000 after purchasing an additional 1,660,253 shares in the last quarter. Finally, United Capital Financial Advisors LLC raised its holdings in shares of iShares A.I. Innovation and Tech Active ETF by 157.4% in the 3rd quarter. United Capital Financial Advisors LLC now owns 1,437,706 shares of the company’s stock valued at $49,112,000 after purchasing an additional 879,220 shares in the last quarter.

iShares A.I. Innovation and Tech Active ETF Stock Down 4.5%

iShares A.I. Innovation and Tech Active ETF stock opened at $49.12 on Friday. The firm has a market cap of $15.25 billion, a P/E ratio of 45.43 and a beta of 2.32. The business has a fifty day moving average of $47.18 and a two-hundred day moving average of $38.93. iShares A.I. Innovation and Tech Active ETF has a twelve month low of $28.04 and a twelve month high of $54.46.

iShares A.I. Innovation and Tech Active ETF 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.