18,474 Shares in iShares A.I. Innovation and Tech Active ETF $BAI Purchased by Arkadios Wealth Advisors

Arkadios Wealth Advisors bought a new stake in iShares A.I. Innovation and Tech Active ETF (NYSEARCA:BAI) during the third quarter, Holdings Channel.com reports. The fund bought 18,474 shares of the company’s stock, valued at approximately $631,000.

Other institutional investors also recently added to or reduced their stakes in the company. Global Wealth Strategies & Associates raised its stake in iShares A.I. Innovation and Tech Active ETF by 72.4% during the 3rd quarter. Global Wealth Strategies & Associates now owns 59,471 shares of the company’s stock valued at $2,032,000 after purchasing an additional 24,977 shares during the last quarter. Bay Harbor Wealth Management LLC grew its position in iShares A.I. Innovation and Tech Active ETF by 154.5% in the 3rd quarter. Bay Harbor Wealth Management LLC now owns 176,404 shares of the company’s stock worth $6,026,000 after purchasing an additional 107,103 shares during the last quarter. Farther Finance Advisors LLC increased its holdings in shares of iShares A.I. Innovation and Tech Active ETF by 179.6% during the 3rd quarter. Farther Finance Advisors LLC now owns 201,801 shares of the company’s stock worth $6,894,000 after purchasing an additional 129,614 shares during the period. Strategic Blueprint LLC raised its position in shares of iShares A.I. Innovation and Tech Active ETF by 70.1% during the third quarter. Strategic Blueprint LLC now owns 259,212 shares of the company’s stock valued at $8,855,000 after buying an additional 106,864 shares during the last quarter. Finally, Bank of New York Mellon Corp acquired a new position in shares of iShares A.I. Innovation and Tech Active ETF during the second quarter valued at about $28,597,000.

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

NYSEARCA BAI opened at $34.56 on Tuesday. iShares A.I. Innovation and Tech Active ETF has a twelve month low of $18.33 and a twelve month high of $38.04. The stock has a market cap of $8.48 billion, a PE ratio of 45.43 and a beta of 2.60. The firm has a 50-day simple moving average of $34.04 and a 200 day simple moving average of $33.48.

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.