NewEdge Advisors LLC Lowers Position in iShares Future AI & Tech ETF $ARTY

NewEdge Advisors LLC lessened its stake in iShares Future AI & Tech ETF (NYSEARCA:ARTY) by 56.7% during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,640 shares of the company’s stock after selling 9,995 shares during the quarter. NewEdge Advisors LLC’s holdings in iShares Future AI & Tech ETF were worth $355,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of ARTY. Nemes Rush Group LLC grew its holdings in iShares Future AI & Tech ETF by 333.3% during the fourth quarter. Nemes Rush Group LLC now owns 533 shares of the company’s stock worth $26,000 after buying an additional 410 shares in the last quarter. Blue Trust Inc. lifted its stake in iShares Future AI & Tech ETF by 43.3% during the 1st quarter. Blue Trust Inc. now owns 725 shares of the company’s stock valued at $34,000 after acquiring an additional 219 shares in the last quarter. Aptus Capital Advisors LLC boosted its holdings in iShares Future AI & Tech ETF by 73.2% during the 3rd quarter. Aptus Capital Advisors LLC now owns 776 shares of the company’s stock worth $36,000 after acquiring an additional 328 shares during the last quarter. Elyxium Wealth LLC purchased a new position in iShares Future AI & Tech ETF during the 4th quarter worth $39,000. Finally, Strive Financial Group LLC purchased a new position in iShares Future AI & Tech ETF during the 4th quarter worth $46,000.

iShares Future AI & Tech ETF Price Performance

NYSEARCA ARTY opened at $74.17 on Monday. The company has a fifty day moving average price of $71.94 and a 200-day moving average price of $62.66. The firm has a market cap of $3.89 billion, a price-to-earnings ratio of 32.81 and a beta of 1.51. iShares Future AI & Tech ETF has a 1 year low of $41.12 and a 1 year high of $81.85.

About iShares Future AI & Tech ETF

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.