TD Waterhouse Canada Inc. Cuts Position in iShares Future AI & Tech ETF $ARTY

TD Waterhouse Canada Inc. decreased its position in iShares Future AI & Tech ETF (NYSEARCA:ARTY) by 47.7% during the 4th quarter, Holdings Channel reports. The fund owned 167,749 shares of the company’s stock after selling 152,848 shares during the quarter. TD Waterhouse Canada Inc.’s holdings in iShares Future AI & Tech ETF were worth $8,074,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in ARTY. Ameriprise Financial Inc. grew its holdings in iShares Future AI & Tech ETF by 85.1% during the 3rd quarter. Ameriprise Financial Inc. now owns 1,324,334 shares of the company’s stock worth $60,639,000 after acquiring an additional 608,816 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in shares of iShares Future AI & Tech ETF by 744.8% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 1,206,214 shares of the company’s stock valued at $55,220,000 after purchasing an additional 1,063,439 shares in the last quarter. Bank of America Corp DE raised its holdings in shares of iShares Future AI & Tech ETF by 35.9% in the 3rd quarter. Bank of America Corp DE now owns 1,155,924 shares of the company’s stock valued at $52,918,000 after purchasing an additional 305,380 shares in the last quarter. Hancock Prospecting Pty Ltd purchased a new stake in shares of iShares Future AI & Tech ETF during the 3rd quarter worth $48,307,000. Finally, Wharton Business Group LLC lifted its position in shares of iShares Future AI & Tech ETF by 2.4% during the 3rd quarter. Wharton Business Group LLC now owns 989,042 shares of the company’s stock worth $45,277,000 after purchasing an additional 22,740 shares during the last quarter.

iShares Future AI & Tech ETF Trading Up 0.6%

Shares of ARTY stock opened at $58.98 on Tuesday. The company has a market cap of $2.62 billion, a P/E ratio of 32.81 and a beta of 1.28. The firm has a fifty day moving average price of $50.40 and a 200 day moving average price of $49.54. iShares Future AI & Tech ETF has a 12 month low of $28.56 and a 12 month high of $59.00.

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.