First Trust Bloomberg Artificial Intelligence ETF $FAI Shares Purchased by Kestra Advisory Services LLC

Kestra Advisory Services LLC boosted its holdings in First Trust Bloomberg Artificial Intelligence ETF (NYSEARCA:FAI) by 24.5% in the 1st quarter, HoldingsChannel reports. The fund owned 133,131 shares of the company’s stock after acquiring an additional 26,211 shares during the quarter. Kestra Advisory Services LLC owned about 0.13% of First Trust Bloomberg Artificial Intelligence ETF worth $4,952,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Jane Street Group LLC purchased a new stake in shares of First Trust Bloomberg Artificial Intelligence ETF during the 1st quarter worth $709,000. RPS Advisory Solutions LLC purchased a new position in shares of First Trust Bloomberg Artificial Intelligence ETF in the 4th quarter valued at about $785,000. Osaic Holdings Inc. lifted its stake in shares of First Trust Bloomberg Artificial Intelligence ETF by 517.3% in the second quarter. Osaic Holdings Inc. now owns 10,907 shares of the company’s stock valued at $384,000 after purchasing an additional 9,140 shares during the period. Acorn Financial Advisory Services Inc. ADV acquired a new stake in shares of First Trust Bloomberg Artificial Intelligence ETF in the fourth quarter valued at about $348,000. Finally, Chris Bulman Inc purchased a new stake in First Trust Bloomberg Artificial Intelligence ETF during the fourth quarter worth about $297,000.

First Trust Bloomberg Artificial Intelligence ETF Trading Down 0.9%

Shares of FAI opened at $51.92 on Thursday. The firm’s 50-day moving average is $52.63 and its two-hundred day moving average is $44.97. First Trust Bloomberg Artificial Intelligence ETF has a twelve month low of $35.54 and a twelve month high of $58.27. The firm has a market capitalization of $160.95 million, a P/E ratio of 33.52 and a beta of 2.08.

First Trust Bloomberg Artificial Intelligence ETF Company Profile

The First Trust Bloomberg Artificial Intelligence ETF (FAI) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a market cap-weighted index of companies in the artificial intelligence AI industry. It comprises the top 50 securities globally by revenue and themes assessments. FAI was launched on Nov 20, 2024 and is issued by First Trust.