Wedbush Securities Inc. Acquires New Holdings in iShares Future AI & Tech ETF $ARTY

Wedbush Securities Inc. acquired a new stake in shares of iShares Future AI & Tech ETF (NYSEARCA:ARTY) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 7,037 shares of the company’s stock, valued at approximately $551,000.

A number of other hedge funds also recently made changes to their positions in ARTY. Bank of America Corp DE boosted its stake in shares of iShares Future AI & Tech ETF by 2.5% in the first quarter. Bank of America Corp DE now owns 1,378,580 shares of the company’s stock valued at $64,145,000 after purchasing an additional 33,575 shares during the period. Envestnet Asset Management Inc. grew its stake in shares of iShares Future AI & Tech ETF by 27.1% during the second quarter. Envestnet Asset Management Inc. now owns 139,001 shares of the company’s stock valued at $10,586,000 after acquiring an additional 29,635 shares in the last quarter. CX Institutional increased its position in shares of iShares Future AI & Tech ETF by 7.8% during the third quarter. CX Institutional now owns 121,452 shares of the company’s stock worth $9,512,000 after acquiring an additional 8,801 shares during the last quarter. Royal Bank of Canada increased its position in shares of iShares Future AI & Tech ETF by 12.2% during the first quarter. Royal Bank of Canada now owns 198,243 shares of the company’s stock worth $9,225,000 after acquiring an additional 21,583 shares during the last quarter. Finally, BostonPremier Wealth LLC increased its position in shares of iShares Future AI & Tech ETF by 0.6% during the third quarter. BostonPremier Wealth LLC now owns 97,095 shares of the company’s stock worth $7,604,000 after acquiring an additional 580 shares during the last quarter.

iShares Future AI & Tech ETF Stock Performance

NYSEARCA:ARTY opened at $72.30 on Wednesday. iShares Future AI & Tech ETF has a one year low of $43.26 and a one year high of $81.97. The business’s 50-day simple moving average is $75.28 and its 200 day simple moving average is $64.64. The stock has a market cap of $3.85 billion, a price-to-earnings ratio of 32.81 and a beta of 1.53.

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.