iShares A.I. Innovation and Tech Active ETF $BAI Stock: Gen Wealth Partners Inc Trims Position

Gen Wealth Partners Inc lowered its holdings in iShares A.I. Innovation and Tech Active ETF (NYSEARCA:BAI) by 10.8% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 117,363 shares of the company’s stock after selling 14,144 shares during the period. iShares A.I. Innovation and Tech Active ETF makes up about 1.5% of Gen Wealth Partners Inc’s holdings, making the stock its 9th biggest position. Gen Wealth Partners Inc’s holdings in iShares A.I. Innovation and Tech Active ETF were worth $5,538,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the business. Team Financial Group LLC grew its stake in iShares A.I. Innovation and Tech Active ETF by 8.8% in the 3rd quarter. Team Financial Group LLC now owns 4,472 shares of the company’s stock valued at $211,000 after buying an additional 361 shares in the last quarter. Wells Financial Advisors INC raised its stake in shares of iShares A.I. Innovation and Tech Active ETF by 87.0% during the 2nd quarter. Wells Financial Advisors INC now owns 1,141 shares of the company’s stock valued at $60,000 after purchasing an additional 531 shares during the period. YANKCOM Partnership purchased a new stake in iShares A.I. Innovation and Tech Active ETF during the 3rd quarter worth about $36,000. Prime Capital Investment Advisors LLC lifted its holdings in iShares A.I. Innovation and Tech Active ETF by 17.1% during the 3rd quarter. Prime Capital Investment Advisors LLC now owns 8,374 shares of the company’s stock worth $395,000 after purchasing an additional 1,223 shares in the last quarter. Finally, Financial Management Professionals Inc. lifted its holdings in iShares A.I. Innovation and Tech Active ETF by 27.4% during the 2nd quarter. Financial Management Professionals Inc. now owns 7,231 shares of the company’s stock worth $381,000 after purchasing an additional 1,557 shares in the last quarter.

iShares A.I. Innovation and Tech Active ETF Stock Up 6.1%

Shares of NYSEARCA BAI opened at $35.93 on Tuesday. iShares A.I. Innovation and Tech Active ETF has a 52 week low of $30.82 and a 52 week high of $54.46. The business has a 50-day simple moving average of $43.76 and a two-hundred day simple moving average of $42.19. The company has a market cap of $11.17 billion, a P/E ratio of 27.57 and a beta of 2.44.

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.