Venturi Wealth Management LLC purchased a new position in shares of iShares A.I. Innovation and Tech Active ETF (NYSEARCA:BAI – Free Report) in the 1st quarter, Holdings Channel.com reports. The fund purchased 45,752 shares of the company’s stock, valued at approximately $1,508,000.
A number of other institutional investors have also modified their holdings of the company. EverSource Wealth Advisors LLC acquired a new stake in iShares A.I. Innovation and Tech Active ETF during the 2nd quarter worth approximately $119,000. Redwood Investment Management LLC purchased a new position in iShares A.I. Innovation and Tech Active ETF in the second quarter valued at approximately $582,000. Creative Financial Designs Inc. ADV boosted its position in iShares A.I. Innovation and Tech Active ETF by 28.0% during the 3rd quarter. Creative Financial Designs Inc. ADV now owns 19,607 shares of the company’s stock worth $670,000 after purchasing an additional 4,287 shares during the period. Imprint Wealth LLC acquired a new stake in shares of iShares A.I. Innovation and Tech Active ETF in the third quarter valued at about $296,000. Finally, Ameriprise Financial Inc. purchased a new stake in shares of iShares A.I. Innovation and Tech Active ETF during the 3rd quarter valued at about $92,637,000.
iShares A.I. Innovation and Tech Active ETF Stock Down 4.5%
Shares of NYSEARCA:BAI opened at $49.12 on Friday. The company has a 50 day moving average of $47.18 and a two-hundred day moving average of $38.93. iShares A.I. Innovation and Tech Active ETF has a 52-week low of $28.04 and a 52-week high of $54.46. The company has a market capitalization of $15.25 billion, a price-to-earnings ratio of 45.43 and a beta of 2.32.
iShares A.I. Innovation and Tech Active ETF Profile
The iShares A.I. Innovation and Tech Active ETF (BAI) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed portfolio of global AI and technology equities across all market capitalizations. Holdings are selected using proprietary, fundamental research. BAI was launched on Oct 21, 2024 and is issued by BlackRock.
Further Reading
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