6,735 Shares in iShares Future AI & Tech ETF $ARTY Bought by SHP Wealth Management

SHP Wealth Management bought a new position in shares of iShares Future AI & Tech ETF (NYSEARCA:ARTY) in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 6,735 shares of the company’s stock, valued at approximately $325,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Royal Bank of Canada lifted its stake in iShares Future AI & Tech ETF by 16.9% in the 1st quarter. Royal Bank of Canada now owns 130,466 shares of the company’s stock valued at $4,104,000 after acquiring an additional 18,891 shares in the last quarter. NewEdge Advisors LLC acquired a new stake in shares of iShares Future AI & Tech ETF in the first quarter valued at approximately $52,000. Jane Street Group LLC bought a new stake in shares of iShares Future AI & Tech ETF in the first quarter worth $1,478,000. Franklin Resources Inc. bought a new stake in shares of iShares Future AI & Tech ETF in the second quarter worth $53,000. Finally, Russell Investments Group Ltd. acquired a new position in iShares Future AI & Tech ETF during the second quarter worth $92,000.

iShares Future AI & Tech ETF Stock Performance

iShares Future AI & Tech ETF stock opened at $78.90 on Friday. The company has a market cap of $3.65 billion, a P/E ratio of 32.81 and a beta of 1.50. iShares Future AI & Tech ETF has a 1-year low of $37.93 and a 1-year high of $81.85. The company has a fifty day simple moving average of $67.26 and a 200 day simple moving average of $55.79.

iShares Future AI & Tech ETF Company 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.