Moran Wealth Management LLC Acquires 10,274 Shares of iShares Future AI & Tech ETF $ARTY

Moran Wealth Management LLC grew its stake in iShares Future AI & Tech ETF (NYSEARCA:ARTY) by 38.0% during the fourth quarter, HoldingsChannel.com reports. The firm owned 37,326 shares of the company’s stock after buying an additional 10,274 shares during the period. Moran Wealth Management LLC’s holdings in iShares Future AI & Tech ETF were worth $1,798,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. SOA Wealth Advisors LLC. lifted its stake in iShares Future AI & Tech ETF by 269.4% in the third quarter. SOA Wealth Advisors LLC. now owns 543 shares of the company’s stock valued at $25,000 after buying an additional 396 shares during the period. MMA Asset Management LLC bought a new position in iShares Future AI & Tech ETF during the third quarter worth about $25,000. CoreCap Advisors LLC grew its position in shares of iShares Future AI & Tech ETF by 61.8% during the 4th quarter. CoreCap Advisors LLC now owns 571 shares of the company’s stock worth $28,000 after buying an additional 218 shares during the period. Howe & Rusling Inc. grew its position in shares of iShares Future AI & Tech ETF by 525.0% during the 3rd quarter. Howe & Rusling Inc. now owns 625 shares of the company’s stock worth $29,000 after buying an additional 525 shares during the period. Finally, Saranac Partners Ltd bought a new stake in shares of iShares Future AI & Tech ETF in the 3rd quarter valued at about $33,000.

iShares Future AI & Tech ETF Price Performance

Shares of NYSEARCA:ARTY opened at $58.65 on Monday. The company has a market capitalization of $2.60 billion, a price-to-earnings ratio of 32.81 and a beta of 1.28. The firm’s 50 day simple moving average is $50.26 and its 200 day simple moving average is $49.46. iShares Future AI & Tech ETF has a fifty-two week low of $28.56 and a fifty-two week high of $58.83.

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.