Gemmer Asset Management LLC Has $657,000 Stock Holdings in iShares Future AI & Tech ETF $ARTY

Gemmer Asset Management LLC grew its holdings in iShares Future AI & Tech ETF (NYSEARCA:ARTY) by 148.3% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 16,014 shares of the company’s stock after buying an additional 9,564 shares during the quarter. Gemmer Asset Management LLC owned approximately 0.06% of iShares Future AI & Tech ETF worth $657,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in ARTY. Wharton Business Group LLC acquired a new stake in shares of iShares Future AI & Tech ETF in the first quarter valued at $26,806,000. LPL Financial LLC acquired a new stake in iShares Future AI & Tech ETF in the first quarter worth about $20,241,000. Flow Traders U.S. LLC acquired a new stake in iShares Future AI & Tech ETF in the first quarter worth about $10,974,000. Arkadios Wealth Advisors acquired a new stake in iShares Future AI & Tech ETF in the first quarter worth about $7,670,000. Finally, Clark Capital Management Group Inc. acquired a new stake in iShares Future AI & Tech ETF in the first quarter worth about $3,980,000.

iShares Future AI & Tech ETF Stock Down 0.3%

Shares of ARTY stock opened at $46.85 on Friday. The stock has a 50-day moving average price of $43.65 and a 200 day moving average price of $38.70. The firm has a market cap of $1.71 billion, a price-to-earnings ratio of 32.81 and a beta of 1.17. iShares Future AI & Tech ETF has a 12 month low of $26.31 and a 12 month high of $47.34.

iShares Future AI & Tech ETF Company Profile

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.