Independent Financial Group LLC Acquires Shares of 55,204 iShares Future AI & Tech ETF $ARTY

Independent Financial Group LLC acquired a new position in shares of iShares Future AI & Tech ETF (NYSEARCA:ARTY) in the first quarter, according to its most recent disclosure with the SEC. The firm acquired 55,204 shares of the company’s stock, valued at approximately $2,569,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. BCS Wealth Management acquired a new stake in shares of iShares Future AI & Tech ETF during the fourth quarter worth $496,000. Kingswood Wealth Advisors LLC acquired a new position in iShares Future AI & Tech ETF in the 4th quarter valued at $522,000. Stratos Wealth Partners LTD. increased its stake in iShares Future AI & Tech ETF by 11.1% in the 4th quarter. Stratos Wealth Partners LTD. now owns 224,766 shares of the company’s stock valued at $10,829,000 after buying an additional 22,494 shares during the period. Assetmark Inc. raised its position in iShares Future AI & Tech ETF by 1,433.3% during the 4th quarter. Assetmark Inc. now owns 631,409 shares of the company’s stock worth $30,421,000 after buying an additional 590,228 shares during the last quarter. Finally, U.S. Capital Wealth Advisors LLC purchased a new position in iShares Future AI & Tech ETF during the 4th quarter worth $541,000.

iShares Future AI & Tech ETF Stock Performance

ARTY stock opened at $65.43 on Friday. iShares Future AI & Tech ETF has a one year low of $40.56 and a one year high of $81.85. The stock has a market capitalization of $3.43 billion, a PE ratio of 32.81 and a beta of 1.49. The company has a fifty day moving average of $72.03 and a 200-day moving average of $59.09.

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.