Sonata Capital Group Inc. Invests $227,000 in iShares Future AI & Tech ETF $ARTY

Sonata Capital Group Inc. purchased a new position in iShares Future AI & Tech ETF (NYSEARCA:ARTY) in the second quarter, HoldingsChannel.com reports. The fund purchased 5,525 shares of the company’s stock, valued at approximately $227,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Cascade Investment Group Inc. raised its holdings in iShares Future AI & Tech ETF by 0.9% in the 2nd quarter. Cascade Investment Group Inc. now owns 28,902 shares of the company’s stock valued at $1,185,000 after acquiring an additional 250 shares during the last quarter. Consolidated Portfolio Review Corp increased its stake in iShares Future AI & Tech ETF by 2.2% in the second quarter. Consolidated Portfolio Review Corp now owns 14,561 shares of the company’s stock valued at $597,000 after purchasing an additional 318 shares during the last quarter. Intrua Financial LLC lifted its position in iShares Future AI & Tech ETF by 0.9% during the first quarter. Intrua Financial LLC now owns 40,640 shares of the company’s stock worth $1,278,000 after buying an additional 358 shares during the period. Cambridge Investment Research Advisors Inc. grew its holdings in iShares Future AI & Tech ETF by 2.9% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 23,611 shares of the company’s stock valued at $743,000 after buying an additional 673 shares during the period. Finally, Vermillion Wealth Management Inc. grew its holdings in iShares Future AI & Tech ETF by 71.3% in the 1st quarter. Vermillion Wealth Management Inc. now owns 1,817 shares of the company’s stock valued at $57,000 after buying an additional 756 shares during the period.

iShares Future AI & Tech ETF Price Performance

Shares of ARTY stock opened at $47.86 on Thursday. The firm’s 50-day simple moving average is $45.06 and its 200-day simple moving average is $40.09. iShares Future AI & Tech ETF has a 1-year low of $26.31 and a 1-year high of $49.84. The firm has a market cap of $1.86 billion, a P/E ratio of 32.81 and a beta of 1.17.

iShares Future AI & Tech ETF 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.