Moran Wealth Management LLC Buys 11,545 Shares of iShares Future AI & Tech ETF $ARTY

Moran Wealth Management LLC grew its stake in shares of iShares Future AI & Tech ETF (NYSEARCA:ARTY) by 74.5% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 27,052 shares of the company’s stock after purchasing an additional 11,545 shares during the quarter. Moran Wealth Management LLC’s holdings in iShares Future AI & Tech ETF were worth $1,238,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Bank of America Corp DE boosted its holdings in shares of iShares Future AI & Tech ETF by 26.1% in the 2nd quarter. Bank of America Corp DE now owns 850,544 shares of the company’s stock valued at $34,872,000 after buying an additional 175,854 shares during the last quarter. Ameriprise Financial Inc. lifted its stake in iShares Future AI & Tech ETF by 109.5% in the second quarter. Ameriprise Financial Inc. now owns 715,518 shares of the company’s stock valued at $29,318,000 after acquiring an additional 373,969 shares during the last quarter. TD Waterhouse Canada Inc. lifted its stake in iShares Future AI & Tech ETF by 0.8% in the second quarter. TD Waterhouse Canada Inc. now owns 314,996 shares of the company’s stock valued at $12,720,000 after acquiring an additional 2,588 shares during the last quarter. Osaic Holdings Inc. grew its position in shares of iShares Future AI & Tech ETF by 111.3% in the 2nd quarter. Osaic Holdings Inc. now owns 230,740 shares of the company’s stock valued at $9,321,000 after acquiring an additional 121,546 shares during the period. Finally, Raymond James Financial Inc. grew its position in shares of iShares Future AI & Tech ETF by 71.7% in the 2nd quarter. Raymond James Financial Inc. now owns 215,591 shares of the company’s stock valued at $8,839,000 after acquiring an additional 90,054 shares during the period.

iShares Future AI & Tech ETF Stock Performance

Shares of ARTY stock opened at $50.35 on Friday. The firm’s 50-day moving average is $48.15 and its 200-day moving average is $45.59. The stock has a market cap of $2.10 billion, a price-to-earnings ratio of 32.81 and a beta of 1.20. iShares Future AI & Tech ETF has a 52-week low of $26.31 and a 52-week high of $51.79.

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. ARTY was launched on Jun 26, 2018 and is issued by BlackRock.