Kingsview Wealth Management LLC Increases Stock Holdings in iShares Future AI & Tech ETF $ARTY

Kingsview Wealth Management LLC raised its position in shares of iShares Future AI & Tech ETF (NYSEARCA:ARTY) by 2,023.6% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 143,600 shares of the company’s stock after purchasing an additional 136,838 shares during the quarter. Kingsview Wealth Management LLC owned 0.33% of iShares Future AI & Tech ETF worth $6,919,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. BCS Wealth Management purchased a new stake in shares of iShares Future AI & Tech ETF in the 4th quarter worth $496,000. Stratos Wealth Partners LTD. lifted its position in iShares Future AI & Tech ETF by 11.1% during the fourth quarter. Stratos Wealth Partners LTD. now owns 224,766 shares of the company’s stock valued at $10,829,000 after purchasing an additional 22,494 shares in the last quarter. Avestar Capital LLC purchased a new position in iShares Future AI & Tech ETF during the third quarter valued at $2,088,000. Cora Capital Advisors LLC grew its holdings in iShares Future AI & Tech ETF by 39.4% during the third quarter. Cora Capital Advisors LLC now owns 74,669 shares of the company’s stock valued at $3,418,000 after purchasing an additional 21,111 shares during the period. Finally, Assetmark Inc. grew its holdings in iShares Future AI & Tech ETF by 1,433.3% during the fourth quarter. Assetmark Inc. now owns 631,409 shares of the company’s stock valued at $30,421,000 after purchasing an additional 590,228 shares during the period.

iShares Future AI & Tech ETF Stock Up 2.3%

Shares of ARTY opened at $72.71 on Friday. The business has a 50-day simple moving average of $58.44 and a two-hundred day simple moving average of $52.60. iShares Future AI & Tech ETF has a 52 week low of $36.09 and a 52 week high of $73.24. The stock has a market cap of $3.36 billion, a price-to-earnings ratio of 32.81 and a beta of 1.46.

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.