BIP Wealth LLC Purchases New Stake in Tortoise AI Infrastructure ETF $TCAI

BIP Wealth LLC acquired a new stake in shares of Tortoise AI Infrastructure ETF (NYSE:TCAI) during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 14,820 shares of the company’s stock, valued at approximately $513,000.

Separately, Sterneck Capital Management LLC grew its holdings in Tortoise AI Infrastructure ETF by 2.8% during the 1st quarter. Sterneck Capital Management LLC now owns 122,943 shares of the company’s stock worth $4,259,000 after acquiring an additional 3,329 shares in the last quarter.

Tortoise AI Infrastructure ETF Stock Down 0.1%

TCAI opened at $49.76 on Monday. The business has a 50-day moving average of $51.16. Tortoise AI Infrastructure ETF has a 1-year low of $24.45 and a 1-year high of $58.63.

The Tortoise AI Infrastructure ETF (NYSE: TCAI) is an exchange-traded fund that provides investors with targeted exposure to companies involved in the infrastructure that enables artificial intelligence. The fund aims to capture businesses that contribute to AI development, deployment and operations rather than focusing on consumer-facing applications of AI. It is listed on the New York Stock Exchange under the ticker TCAI.

Holdings in the fund typically span a range of sectors that support AI workloads, including semiconductor and chip manufacturers, data center operators, cloud and infrastructure service providers, networking and storage vendors, and software firms that deliver AI development tools and platforms.