Flow Traders U.S. LLC Purchases Shares of 348,950 iShares Future AI & Tech ETF $ARTY

Flow Traders U.S. LLC acquired a new position in shares of iShares Future AI & Tech ETF (NYSEARCA:ARTY) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 348,950 shares of the company’s stock, valued at approximately $10,974,000. Flow Traders U.S. LLC owned approximately 1.43% of iShares Future AI & Tech ETF as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Wharton Business Group LLC bought a new stake in iShares Future AI & Tech ETF during the first quarter worth $26,806,000. LPL Financial LLC acquired a new position in shares of iShares Future AI & Tech ETF during the 1st quarter worth about $20,241,000. Arkadios Wealth Advisors bought a new stake in shares of iShares Future AI & Tech ETF in the 1st quarter valued at about $7,670,000. Raymond James Financial Inc. lifted its stake in iShares Future AI & Tech ETF by 81.2% in the 1st quarter. Raymond James Financial Inc. now owns 125,537 shares of the company’s stock valued at $3,948,000 after purchasing an additional 56,246 shares during the last quarter. Finally, Envestnet Asset Management Inc. acquired a new stake in iShares Future AI & Tech ETF in the 1st quarter valued at about $3,729,000.

iShares Future AI & Tech ETF Stock Down 1.4%

Shares of NYSEARCA ARTY opened at $41.34 on Thursday. The business’s 50 day moving average price is $41.47 and its two-hundred day moving average price is $37.16. The company has a market cap of $1.18 billion, a PE ratio of 32.81 and a beta of 1.17. iShares Future AI & Tech ETF has a twelve month low of $26.31 and a twelve month high of $44.46.

About iShares Future AI & Tech ETF

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.