MTCO Ltd. Acquires 20,319 Shares of iShares Future AI & Tech ETF $ARTY

MTCO Ltd. acquired a new stake in shares of iShares Future AI & Tech ETF (NYSEARCA:ARTY) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 20,319 shares of the company’s stock, valued at approximately $1,591,000. iShares Future AI & Tech ETF makes up about 1.0% of MTCO Ltd.’s holdings, making the stock its 3rd biggest holding.

Several other hedge funds also recently made changes to their positions in ARTY. CX Institutional raised its holdings in shares of iShares Future AI & Tech ETF by 7.8% during the third quarter. CX Institutional now owns 121,452 shares of the company’s stock worth $9,512,000 after purchasing an additional 8,801 shares during the period. Steelhead Wealth Management LLC acquired a new position in shares of iShares Future AI & Tech ETF in the 1st quarter valued at about $2,684,000. Wealth Management Partners LLC grew its position in shares of iShares Future AI & Tech ETF by 18.8% during the 1st quarter. Wealth Management Partners LLC now owns 61,658 shares of the company’s stock valued at $2,869,000 after buying an additional 9,772 shares during the last quarter. Intrua Financial LLC grew its position in shares of iShares Future AI & Tech ETF by 25.1% during the 1st quarter. Intrua Financial LLC now owns 56,403 shares of the company’s stock valued at $2,624,000 after buying an additional 11,315 shares during the last quarter. Finally, Cora Capital Advisors LLC raised its stake in iShares Future AI & Tech ETF by 10.7% during the first quarter. Cora Capital Advisors LLC now owns 88,481 shares of the company’s stock worth $4,117,000 after acquiring an additional 8,559 shares during the period.

iShares Future AI & Tech ETF Trading Down 2.8%

NYSEARCA ARTY traded down $2.26 during trading hours on Thursday, reaching $78.34. The company’s stock had a trading volume of 460,136 shares, compared to its average volume of 640,685. The business has a 50-day simple moving average of $75.48 and a 200 day simple moving average of $68.97. iShares Future AI & Tech ETF has a 52 week low of $43.26 and a 52 week high of $81.97. The stock has a market cap of $4.23 billion, a PE ratio of 32.81 and a beta of 1.53.

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.