Wealthcare Advisory Partners LLC Reduces Holdings in iShares Future AI & Tech ETF $ARTY

Wealthcare Advisory Partners LLC lowered its position in shares of iShares Future AI & Tech ETF (NYSEARCA:ARTY) by 7.2% during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 97,731 shares of the company’s stock after selling 7,575 shares during the period. Wealthcare Advisory Partners LLC owned about 0.19% of iShares Future AI & Tech ETF worth $7,443,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in ARTY. Northwestern Mutual Wealth Management Co. raised its holdings in shares of iShares Future AI & Tech ETF by 744.8% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 1,206,214 shares of the company’s stock valued at $55,220,000 after buying an additional 1,063,439 shares during the last quarter. Hancock Prospecting Pty Ltd purchased a new position in shares of iShares Future AI & Tech ETF during the third quarter worth about $48,307,000. Ameriprise Financial Inc. increased its position in iShares Future AI & Tech ETF by 85.1% in the 3rd quarter. Ameriprise Financial Inc. now owns 1,324,334 shares of the company’s stock valued at $60,639,000 after acquiring an additional 608,816 shares during the period. Assetmark Inc. raised its stake in iShares Future AI & Tech ETF by 1,433.3% during the 4th quarter. Assetmark Inc. now owns 631,409 shares of the company’s stock valued at $30,421,000 after acquiring an additional 590,228 shares during the last quarter. Finally, Bank of America Corp DE lifted its position in iShares Future AI & Tech ETF by 35.9% during the 3rd quarter. Bank of America Corp DE now owns 1,155,924 shares of the company’s stock worth $52,918,000 after acquiring an additional 305,380 shares during the period.

iShares Future AI & Tech ETF Trading Up 1.5%

Shares of ARTY stock opened at $73.17 on Wednesday. The business’s 50 day moving average is $71.65 and its two-hundred day moving average is $61.38. iShares Future AI & Tech ETF has a twelve month low of $40.56 and a twelve month high of $81.85. The company has a market capitalization of $3.83 billion, a P/E ratio of 32.81 and a beta of 1.51.

iShares Future AI & Tech ETF 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.