140,781 Shares in iShares A.I. Innovation and Tech Active ETF $BAI Purchased by Synergy Investment Management LLC

Synergy Investment Management LLC purchased a new stake in shares of iShares A.I. Innovation and Tech Active ETF (NYSEARCA:BAI) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 140,781 shares of the company’s stock, valued at approximately $4,809,000. iShares A.I. Innovation and Tech Active ETF accounts for 1.8% of Synergy Investment Management LLC’s holdings, making the stock its 14th biggest position. Synergy Investment Management LLC owned approximately 0.07% of iShares A.I. Innovation and Tech Active ETF as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the stock. Global Wealth Strategies & Associates increased its stake in shares of iShares A.I. Innovation and Tech Active ETF by 72.4% during the 3rd quarter. Global Wealth Strategies & Associates now owns 59,471 shares of the company’s stock worth $2,032,000 after purchasing an additional 24,977 shares during the last quarter. Bay Harbor Wealth Management LLC grew its holdings in iShares A.I. Innovation and Tech Active ETF by 154.5% during the third quarter. Bay Harbor Wealth Management LLC now owns 176,404 shares of the company’s stock valued at $6,026,000 after purchasing an additional 107,103 shares during the period. Farther Finance Advisors LLC increased its position in iShares A.I. Innovation and Tech Active ETF by 179.6% in the third quarter. Farther Finance Advisors LLC now owns 201,801 shares of the company’s stock worth $6,894,000 after buying an additional 129,614 shares during the last quarter. Maripau Wealth Management LLC purchased a new stake in iShares A.I. Innovation and Tech Active ETF in the second quarter worth $306,000. Finally, Arkadios Wealth Advisors bought a new stake in shares of iShares A.I. Innovation and Tech Active ETF in the third quarter valued at $631,000.

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

BAI stock opened at $34.86 on Thursday. The stock has a fifty day moving average of $34.20 and a 200-day moving average of $33.99. iShares A.I. Innovation and Tech Active ETF has a fifty-two week low of $18.33 and a fifty-two week high of $38.04. The company has a market capitalization of $8.72 billion, a price-to-earnings ratio of 45.43 and a beta of 2.60.

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.