Cascade Investment Group Inc. Acquires 34,134 Shares of iShares Future AI & Tech ETF $ARTY

Cascade Investment Group Inc. acquired a new position 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 and Exchange Commission (SEC). The institutional investor acquired 34,134 shares of the company’s stock, valued at approximately $2,673,000. iShares Future AI & Tech ETF comprises approximately 1.5% of Cascade Investment Group Inc.’s holdings, making the stock its 11th largest position.

A number of other large investors have also recently made changes to their positions in ARTY. Steelhead Wealth Management LLC bought a new stake in shares of iShares Future AI & Tech ETF during the first quarter worth about $2,684,000. Independent Financial Group LLC bought a new position in iShares Future AI & Tech ETF in the 1st quarter valued at about $2,569,000. Bank of America Corp DE lifted its position in iShares Future AI & Tech ETF by 2.5% in the 1st quarter. Bank of America Corp DE now owns 1,378,580 shares of the company’s stock valued at $64,145,000 after acquiring an additional 33,575 shares in the last quarter. Kestra Advisory Services LLC lifted its position in iShares Future AI & Tech ETF by 50.3% in the 1st quarter. Kestra Advisory Services LLC now owns 94,027 shares of the company’s stock valued at $4,375,000 after acquiring an additional 31,482 shares in the last quarter. Finally, Envestnet Asset Management Inc. boosted its stake in iShares Future AI & Tech ETF by 27.1% during the 2nd quarter. Envestnet Asset Management Inc. now owns 139,001 shares of the company’s stock valued at $10,586,000 after purchasing an additional 29,635 shares during the last quarter.

iShares Future AI & Tech ETF Stock Down 1.0%

ARTY stock traded down $0.76 during mid-day trading on Tuesday, reaching $76.66. 208,862 shares of the company traded hands, compared to its average volume of 635,426. The firm’s 50 day moving average price is $75.90 and its 200 day moving average price is $69.39. The stock has a market cap of $4.14 billion, a price-to-earnings ratio of 32.81 and a beta of 1.53. iShares Future AI & Tech ETF has a fifty-two week low of $43.26 and a fifty-two week high of $81.97.

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.