iShares Future AI & Tech ETF $ARTY Shares Acquired by Gemmer Asset Management LLC

Gemmer Asset Management LLC increased its position in iShares Future AI & Tech ETF (NYSEARCA:ARTY) by 22.8% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 44,779 shares of the company’s stock after acquiring an additional 8,317 shares during the period. Gemmer Asset Management LLC’s holdings in iShares Future AI & Tech ETF were worth $3,507,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Compass Financial Management LLC purchased a new position in shares of iShares Future AI & Tech ETF during the second quarter valued at approximately $25,000. Blue Trust Inc. boosted its position in iShares Future AI & Tech ETF by 43.3% during the first quarter. Blue Trust Inc. now owns 725 shares of the company’s stock worth $34,000 after acquiring an additional 219 shares during the last quarter. Go Invest LLC purchased a new stake in iShares Future AI & Tech ETF in the 3rd quarter worth approximately $41,000. Strengthening Families & Communities LLC grew its stake in iShares Future AI & Tech ETF by 89.9% in the 2nd quarter. Strengthening Families & Communities LLC now owns 566 shares of the company’s stock worth $43,000 after acquiring an additional 268 shares during the period. Finally, AdvisorNet Financial Inc grew its stake in iShares Future AI & Tech ETF by 23.1% in the 1st quarter. AdvisorNet Financial Inc now owns 1,281 shares of the company’s stock worth $60,000 after acquiring an additional 240 shares during the period.

iShares Future AI & Tech ETF Stock Performance

Shares of ARTY opened at $69.58 on Friday. The stock has a fifty day moving average of $75.97 and a two-hundred day moving average of $69.96. The company has a market capitalization of $3.75 billion, a PE ratio of 32.81 and a beta of 1.53. iShares Future AI & Tech ETF has a fifty-two week low of $43.26 and a fifty-two week high of $81.97.

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.