Northwestern Mutual Wealth Management Co. Sells 1,171,804 Shares of iShares Future AI & Tech ETF $ARTY

Northwestern Mutual Wealth Management Co. lessened its holdings in shares of iShares Future AI & Tech ETF (NYSEARCA:ARTY) by 97.1% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 34,410 shares of the company’s stock after selling 1,171,804 shares during the period. Northwestern Mutual Wealth Management Co. owned approximately 0.08% of iShares Future AI & Tech ETF worth $1,658,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the business. CoreCap Advisors LLC lifted its position in shares of 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 purchasing an additional 218 shares during the last quarter. WCG Wealth Advisors LLC lifted its position in shares of iShares Future AI & Tech ETF by 2.1% during the 3rd quarter. WCG Wealth Advisors LLC now owns 12,156 shares of the company’s stock worth $557,000 after purchasing an additional 248 shares during the last quarter. Allworth Financial LP lifted its position in shares of iShares Future AI & Tech ETF by 11.4% during the 4th quarter. Allworth Financial LP now owns 3,068 shares of the company’s stock worth $148,000 after purchasing an additional 313 shares during the last quarter. Sonata Capital Group Inc. lifted its position in shares of iShares Future AI & Tech ETF by 5.9% during the 4th quarter. Sonata Capital Group Inc. now owns 5,850 shares of the company’s stock worth $282,000 after purchasing an additional 325 shares during the last quarter. Finally, Aptus Capital Advisors LLC lifted its position in shares of iShares Future AI & Tech ETF by 73.2% during the 3rd 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

NYSEARCA ARTY opened at $71.09 on Thursday. iShares Future AI & Tech ETF has a twelve month low of $36.09 and a twelve month high of $72.56. The stock has a 50-day simple moving average of $58.00 and a 200 day simple moving average of $52.43. The stock has a market capitalization of $3.29 billion, a PE ratio of 32.81 and a beta of 1.46.

iShares Future AI & Tech ETF 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.