Brookstone Capital Management Raises Stock Position in iShares Future AI & Tech ETF $ARTY

Brookstone Capital Management grew its stake in iShares Future AI & Tech ETF (NYSEARCA:ARTY) by 79.8% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 76,679 shares of the company’s stock after purchasing an additional 34,031 shares during the period. Brookstone Capital Management’s holdings in iShares Future AI & Tech ETF were worth $3,694,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. CoreCap Advisors LLC raised its stake in iShares Future AI & Tech ETF by 61.8% during the 4th quarter. CoreCap Advisors LLC now owns 571 shares of the company’s stock worth $28,000 after acquiring an additional 218 shares in the last quarter. AdvisorNet Financial Inc boosted its stake in iShares Future AI & Tech ETF by 34.5% in the third quarter. AdvisorNet Financial Inc now owns 936 shares of the company’s stock valued at $43,000 after acquiring an additional 240 shares in the last quarter. WCG Wealth Advisors LLC boosted its stake in iShares Future AI & Tech ETF by 2.1% in the third quarter. WCG Wealth Advisors LLC now owns 12,156 shares of the company’s stock valued at $557,000 after acquiring an additional 248 shares in the last quarter. CX Institutional grew its holdings in shares of iShares Future AI & Tech ETF by 1.5% during the third quarter. CX Institutional now owns 17,186 shares of the company’s stock worth $787,000 after purchasing an additional 261 shares during the last quarter. Finally, Aptus Capital Advisors LLC grew its holdings in shares of iShares Future AI & Tech ETF by 73.2% during the third quarter. Aptus Capital Advisors LLC now owns 776 shares of the company’s stock worth $36,000 after purchasing an additional 328 shares during the last quarter.

iShares Future AI & Tech ETF Stock Performance

ARTY opened at $47.59 on Thursday. iShares Future AI & Tech ETF has a one year low of $26.31 and a one year high of $54.79. The stock has a market capitalization of $2.13 billion, a P/E ratio of 32.81 and a beta of 1.20. The business’s 50-day simple moving average is $50.05 and its 200-day simple moving average is $48.83.

About iShares Future AI & Tech ETF

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.