Sunbelt Securities Inc. Has $2.51 Million Holdings in iShares A.I. Innovation and Tech Active ETF $BAI

Sunbelt Securities Inc. grew its position in shares of iShares A.I. Innovation and Tech Active ETF (NYSEARCA:BAI) by 58.0% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 75,365 shares of the company’s stock after purchasing an additional 27,655 shares during the quarter. Sunbelt Securities Inc.’s holdings in iShares A.I. Innovation and Tech Active ETF were worth $2,510,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. JPMorgan Chase & Co. increased its position in shares of iShares A.I. Innovation and Tech Active ETF by 89.3% during the fourth quarter. JPMorgan Chase & Co. now owns 16,235,223 shares of the company’s stock worth $540,633,000 after buying an additional 7,659,120 shares during the period. Janney Montgomery Scott LLC raised its stake in iShares A.I. Innovation and Tech Active ETF by 6.4% during the fourth quarter. Janney Montgomery Scott LLC now owns 3,264,997 shares of the company’s stock worth $108,724,000 after buying an additional 195,724 shares during the last quarter. Bank of New York Mellon Corp lifted its holdings in iShares A.I. Innovation and Tech Active ETF by 13.2% in the fourth quarter. Bank of New York Mellon Corp now owns 2,897,917 shares of the company’s stock valued at $96,501,000 after buying an additional 339,018 shares during the period. Ameriprise Financial Inc. acquired a new position in iShares A.I. Innovation and Tech Active ETF in the third quarter valued at $92,637,000. Finally, NewEdge Advisors LLC boosted its position in iShares A.I. Innovation and Tech Active ETF by 162.3% during the third quarter. NewEdge Advisors LLC now owns 2,682,911 shares of the company’s stock valued at $91,648,000 after acquiring an additional 1,660,253 shares during the last quarter.

iShares A.I. Innovation and Tech Active ETF Trading Up 5.6%

Shares of iShares A.I. Innovation and Tech Active ETF stock opened at $53.20 on Friday. The business has a 50-day moving average price of $45.63 and a two-hundred day moving average price of $38.26. iShares A.I. Innovation and Tech Active ETF has a 1-year low of $26.70 and a 1-year high of $53.44. The company has a market cap of $16.52 billion, a P/E ratio of 45.43 and a beta of 2.32.

iShares A.I. Innovation and Tech Active ETF Company Profile

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.