Legacy Financial Group LLC Has $7.94 Million Position in iShares A.I. Innovation and Tech Active ETF $BAI

Legacy Financial Group LLC lifted its holdings in shares of iShares A.I. Innovation and Tech Active ETF (NYSEARCA:BAI) by 4.8% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 243,221 shares of the company’s stock after purchasing an additional 11,178 shares during the period. iShares A.I. Innovation and Tech Active ETF accounts for about 1.0% of Legacy Financial Group LLC’s portfolio, making the stock its 27th largest position. Legacy Financial Group LLC owned 0.10% of iShares A.I. Innovation and Tech Active ETF worth $7,939,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in BAI. JPMorgan Chase & Co. lifted its position in iShares A.I. Innovation and Tech Active ETF by 117.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 8,576,103 shares of the company’s stock worth $292,960,000 after buying an additional 4,637,810 shares in the last quarter. Ameriprise Financial Inc. acquired a new stake in iShares A.I. Innovation and Tech Active ETF in the 3rd quarter valued at about $92,637,000. NewEdge Advisors LLC increased its position in iShares A.I. Innovation and Tech Active ETF by 162.3% in the 3rd 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 in the last quarter. United Capital Financial Advisors LLC raised its stake in shares of iShares A.I. Innovation and Tech Active ETF by 157.4% in the third quarter. United Capital Financial Advisors LLC now owns 1,437,706 shares of the company’s stock worth $49,112,000 after acquiring an additional 879,220 shares during the last quarter. Finally, Integrated Wealth Concepts LLC raised its stake in shares of iShares A.I. Innovation and Tech Active ETF by 74.5% in the third quarter. Integrated Wealth Concepts LLC now owns 480,622 shares of the company’s stock worth $16,418,000 after acquiring an additional 205,155 shares during the last quarter.

iShares A.I. Innovation and Tech Active ETF Trading Up 0.5%

Shares of BAI stock opened at $48.64 on Friday. iShares A.I. Innovation and Tech Active ETF has a 1 year low of $25.17 and a 1 year high of $48.80. The firm’s 50 day moving average is $38.15 and its 200-day moving average is $35.82. The firm has a market capitalization of $15.10 billion, a price-to-earnings ratio of 45.43 and a beta of 2.28.

iShares A.I. Innovation and Tech Active ETF 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.