Bank of New York Mellon Corp Acquires 339,018 Shares of iShares A.I. Innovation and Tech Active ETF $BAI

Bank of New York Mellon Corp raised its holdings in iShares A.I. Innovation and Tech Active ETF (NYSEARCA:BAI) by 13.2% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,897,917 shares of the company’s stock after purchasing an additional 339,018 shares during the quarter. Bank of New York Mellon Corp’s holdings in iShares A.I. Innovation and Tech Active ETF were worth $96,501,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently bought and sold shares of the business. JPMorgan Chase & Co. grew its stake in iShares A.I. Innovation and Tech Active ETF by 117.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 8,576,103 shares of the company’s stock valued at $292,960,000 after purchasing an additional 4,637,810 shares during the period. Ameriprise Financial Inc. bought a new position in shares of iShares A.I. Innovation and Tech Active ETF during the 3rd quarter worth $92,637,000. NewEdge Advisors LLC grew its stake in shares of iShares A.I. Innovation and Tech Active ETF by 162.3% during the 3rd quarter. NewEdge Advisors LLC now owns 2,682,911 shares of the company’s stock worth $91,648,000 after acquiring an additional 1,660,253 shares during the period. United Capital Financial Advisors LLC grew its stake in shares of iShares A.I. Innovation and Tech Active ETF by 157.4% during the 3rd quarter. United Capital Financial Advisors LLC now owns 1,437,706 shares of the company’s stock worth $49,112,000 after acquiring an additional 879,220 shares during the period. Finally, Integrated Wealth Concepts LLC grew its stake in shares of iShares A.I. Innovation and Tech Active ETF by 74.5% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 480,622 shares of the company’s stock worth $16,418,000 after acquiring an additional 205,155 shares during the period.

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

BAI stock opened at $47.84 on Tuesday. The company has a market capitalization of $14.85 billion, a price-to-earnings ratio of 45.43 and a beta of 2.32. iShares A.I. Innovation and Tech Active ETF has a fifty-two week low of $26.53 and a fifty-two week high of $52.53. The stock has a fifty day moving average of $43.08 and a 200-day moving average of $37.36.

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. BAI was launched on Oct 21, 2024 and is issued by BlackRock.