CoreCap Advisors LLC Increases Position in iShares A.I. Innovation and Tech Active ETF $BAI

CoreCap Advisors LLC lifted its stake in iShares A.I. Innovation and Tech Active ETF (NYSEARCA:BAI) by 50.5% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 70,881 shares of the company’s stock after acquiring an additional 23,780 shares during the period. CoreCap Advisors LLC’s holdings in iShares A.I. Innovation and Tech Active ETF were worth $2,360,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the stock. Harbor Investment Advisory LLC grew its stake in iShares A.I. Innovation and Tech Active ETF by 89.5% in the third quarter. Harbor Investment Advisory LLC now owns 1,681 shares of the company’s stock valued at $57,000 after purchasing an additional 794 shares during the last quarter. AdvisorNet Financial Inc raised its holdings in iShares A.I. Innovation and Tech Active ETF by 147.3% in the third quarter. AdvisorNet Financial Inc now owns 2,213 shares of the company’s stock worth $76,000 after purchasing an additional 1,318 shares in the last quarter. Sound Income Strategies LLC lifted its position in shares of iShares A.I. Innovation and Tech Active ETF by 24.5% during the third quarter. Sound Income Strategies LLC now owns 8,184 shares of the company’s stock valued at $294,000 after buying an additional 1,609 shares during the last quarter. Crowley Wealth Management Inc. lifted its position in shares of iShares A.I. Innovation and Tech Active ETF by 55.2% during the third quarter. Crowley Wealth Management Inc. now owns 7,295 shares of the company’s stock valued at $249,000 after buying an additional 2,595 shares during the last quarter. Finally, EverSource Wealth Advisors LLC bought a new stake in shares of iShares A.I. Innovation and Tech Active ETF in the 2nd quarter valued at about $119,000.

iShares A.I. Innovation and Tech Active ETF Stock Down 1.3%

Shares of iShares A.I. Innovation and Tech Active ETF stock opened at $32.62 on Friday. The company has a market cap of $8.16 billion, a P/E ratio of 45.43 and a beta of 2.60. The firm’s 50 day moving average price is $34.42 and its 200-day moving average price is $34.50. iShares A.I. Innovation and Tech Active ETF has a 52-week low of $18.33 and a 52-week high of $38.04.

iShares A.I. Innovation and Tech Active ETF 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.