Global Wealth Strategies & Associates Increases Stock Holdings in iShares A.I. Innovation and Tech Active ETF $BAI

Global Wealth Strategies & Associates grew its stake in shares of iShares A.I. Innovation and Tech Active ETF (NYSEARCA:BAI) by 72.4% during the third quarter, Holdings Channel reports. The firm owned 59,471 shares of the company’s stock after purchasing an additional 24,977 shares during the period. iShares A.I. Innovation and Tech Active ETF makes up approximately 0.5% of Global Wealth Strategies & Associates’ investment portfolio, making the stock its 20th largest position. Global Wealth Strategies & Associates’ holdings in iShares A.I. Innovation and Tech Active ETF were worth $2,032,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of BAI. JPMorgan Chase & Co. grew its position in shares of iShares A.I. Innovation and Tech Active ETF by 3,613,012.8% in the 2nd quarter. JPMorgan Chase & Co. now owns 3,938,293 shares of the company’s stock valued at $113,620,000 after buying an additional 3,938,184 shares during the last quarter. Bank of New York Mellon Corp purchased a new stake in iShares A.I. Innovation and Tech Active ETF in the second quarter valued at $28,597,000. Janney Montgomery Scott LLC acquired a new position in iShares A.I. Innovation and Tech Active ETF in the second quarter valued at $23,996,000. Strategic Blueprint LLC purchased a new position in shares of iShares A.I. Innovation and Tech Active ETF during the second quarter worth about $4,395,000. Finally, Tsfg LLC purchased a new position in shares of iShares A.I. Innovation and Tech Active ETF during the second quarter worth about $3,994,000.

iShares A.I. Innovation and Tech Active ETF Stock Performance

iShares A.I. Innovation and Tech Active ETF stock opened at $33.36 on Tuesday. iShares A.I. Innovation and Tech Active ETF has a fifty-two week low of $18.33 and a fifty-two week high of $38.04. The company has a market capitalization of $6.90 billion, a P/E ratio of 45.43 and a beta of 2.60. The stock has a 50-day simple moving average of $34.95 and a 200-day simple moving average of $32.15.

About iShares A.I. Innovation and Tech Active ETF

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.