Retirement Capital Strategies Takes Position in iShares Future AI & Tech ETF $ARTY

Retirement Capital Strategies purchased a new stake in shares of iShares Future AI & Tech ETF (NYSEARCA:ARTY) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 19,561 shares of the company’s stock, valued at approximately $942,000.

A number of other institutional investors also recently bought and sold shares of ARTY. Northwestern Mutual Wealth Management Co. lifted its holdings in iShares Future AI & Tech ETF by 744.8% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 1,206,214 shares of the company’s stock valued at $55,220,000 after acquiring an additional 1,063,439 shares during the period. Hancock Prospecting Pty Ltd bought a new position in iShares Future AI & Tech ETF in the third quarter valued at about $48,307,000. Ameriprise Financial Inc. lifted its holdings in iShares Future AI & Tech ETF by 85.1% in the third quarter. Ameriprise Financial Inc. now owns 1,324,334 shares of the company’s stock valued at $60,639,000 after acquiring an additional 608,816 shares during the period. Assetmark Inc. lifted its holdings in iShares Future AI & Tech ETF by 1,433.3% in the fourth quarter. Assetmark Inc. now owns 631,409 shares of the company’s stock valued at $30,421,000 after acquiring an additional 590,228 shares during the period. Finally, Bank of America Corp DE lifted its holdings in iShares Future AI & Tech ETF by 35.9% in the third quarter. Bank of America Corp DE now owns 1,155,924 shares of the company’s stock valued at $52,918,000 after acquiring an additional 305,380 shares during the period.

iShares Future AI & Tech ETF Stock Performance

ARTY stock opened at $73.27 on Monday. iShares Future AI & Tech ETF has a fifty-two week low of $37.78 and a fifty-two week high of $81.85. The business’s 50-day moving average is $64.40 and its two-hundred day moving average is $54.79. The company has a market cap of $3.39 billion, a price-to-earnings ratio of 32.81 and a beta of 1.50.

About iShares Future AI & Tech ETF

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.