Hsbc Holdings PLC Increases Holdings in iShares Future AI & Tech ETF $ARTY

Hsbc Holdings PLC grew its stake in iShares Future AI & Tech ETF (NYSEARCA:ARTY) by 100.0% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 36,600 shares of the company’s stock after acquiring an additional 18,300 shares during the quarter. Hsbc Holdings PLC owned 0.08% of iShares Future AI & Tech ETF worth $1,703,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. Nemes Rush Group LLC increased its holdings in shares of iShares Future AI & Tech ETF by 333.3% during the fourth quarter. Nemes Rush Group LLC now owns 533 shares of the company’s stock valued at $26,000 after acquiring an additional 410 shares in the last quarter. CoreCap Advisors LLC boosted its stake in iShares Future AI & Tech ETF by 61.8% in the 4th quarter. CoreCap Advisors LLC now owns 571 shares of the company’s stock worth $28,000 after purchasing an additional 218 shares in the last quarter. Blue Trust Inc. boosted its stake in iShares Future AI & Tech ETF by 43.3% in the 1st quarter. Blue Trust Inc. now owns 725 shares of the company’s stock worth $34,000 after purchasing an additional 219 shares in the last quarter. Aptus Capital Advisors LLC grew its position in iShares Future AI & Tech ETF by 73.2% during the 3rd quarter. Aptus Capital Advisors LLC now owns 776 shares of the company’s stock valued at $36,000 after purchasing an additional 328 shares during the last quarter. Finally, Elyxium Wealth LLC purchased a new stake in iShares Future AI & Tech ETF during the 4th quarter valued at about $39,000.

iShares Future AI & Tech ETF Stock Performance

NYSEARCA:ARTY opened at $66.71 on Monday. The firm has a market cap of $3.49 billion, a P/E ratio of 32.81 and a beta of 1.49. iShares Future AI & Tech ETF has a fifty-two week low of $40.56 and a fifty-two week high of $81.85. The firm has a 50-day simple moving average of $72.06 and a two-hundred day simple moving average of $59.84.

iShares Future AI & Tech ETF 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. ARTY was launched on Jun 26, 2018 and is issued by BlackRock.