Sageworth Trust Co Grows Position in iShares A.I. Innovation and Tech Active ETF $BAI

Sageworth Trust Co boosted its holdings in shares of iShares A.I. Innovation and Tech Active ETF (NYSEARCA:BAI) by 42.4% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 42,278 shares of the company’s stock after acquiring an additional 12,585 shares during the period. Sageworth Trust Co’s holdings in iShares A.I. Innovation and Tech Active ETF were worth $1,393,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also added to or reduced their stakes in the company. JPMorgan Chase & Co. lifted its position in shares of iShares A.I. Innovation and Tech Active ETF by 89.3% in the 4th quarter. JPMorgan Chase & Co. now owns 16,235,223 shares of the company’s stock worth $540,633,000 after purchasing an additional 7,659,120 shares during the period. Janney Montgomery Scott LLC increased its holdings in iShares A.I. Innovation and Tech Active ETF by 14.0% during the first quarter. Janney Montgomery Scott LLC now owns 3,721,827 shares of the company’s stock valued at $122,634,000 after buying an additional 456,830 shares during the period. Bank of New York Mellon Corp increased its holdings in iShares A.I. Innovation and Tech Active ETF by 13.2% during the fourth quarter. Bank of New York Mellon Corp now owns 2,897,917 shares of the company’s stock valued at $96,501,000 after buying an additional 339,018 shares during the period. Ameriprise Financial Inc. bought a new position in iShares A.I. Innovation and Tech Active ETF in the third quarter worth approximately $92,637,000. Finally, NewEdge Advisors LLC raised its stake in iShares A.I. Innovation and Tech Active ETF by 162.3% in the third quarter. NewEdge Advisors LLC now owns 2,682,911 shares of the company’s stock worth $91,648,000 after buying an additional 1,660,253 shares in the last quarter.

iShares A.I. Innovation and Tech Active ETF Trading Up 1.9%

Shares of NYSEARCA BAI opened at $46.43 on Thursday. The stock has a market capitalization of $13.73 billion, a PE ratio of 45.43 and a beta of 2.26. The stock’s fifty day simple moving average is $48.33 and its two-hundred day simple moving average is $39.78. iShares A.I. Innovation and Tech Active ETF has a 12-month low of $28.62 and a 12-month high of $54.46.

About iShares A.I. Innovation and Tech Active ETF

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.