Gemmer Asset Management LLC Invests $203,000 in iShares Future AI & Tech ETF (NYSEARCA:ARTY)

Gemmer Asset Management LLC acquired a new stake in iShares Future AI & Tech ETF (NYSEARCA:ARTY) during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 6,450 shares of the company’s stock, valued at approximately $203,000.

Several other institutional investors also recently modified their holdings of the business. Continuum Advisory LLC bought a new stake in iShares Future AI & Tech ETF during the fourth quarter valued at about $44,000. Wolf Group Capital Advisors purchased a new stake in iShares Future AI & Tech ETF in the 4th quarter worth $484,000. GTS Securities LLC purchased a new stake in shares of iShares Future AI & Tech ETF in the fourth quarter worth about $2,407,000. Sunbelt Securities Inc. purchased a new position in shares of iShares Future AI & Tech ETF in the fourth quarter valued at $76,000. Finally, WCG Wealth Advisors LLC bought a new stake in shares of iShares Future AI & Tech ETF in the 4th quarter worth about $461,000.

iShares Future AI & Tech ETF Price Performance

Shares of ARTY stock opened at $38.14 on Friday. The company has a market cap of $942.06 million, a PE ratio of 34.31 and a beta of 1.15. The stock’s 50 day simple moving average is $33.48 and its two-hundred day simple moving average is $36.00. iShares Future AI & Tech ETF has a 1 year low of $26.31 and a 1 year high of $41.46.

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.