Tsfg LLC Acquires 167,202 Shares of iShares A.I. Innovation and Tech Active ETF $BAI

Tsfg LLC grew its holdings in shares of iShares A.I. Innovation and Tech Active ETF (NYSEARCA:BAI) by 68.8% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 410,352 shares of the company’s stock after buying an additional 167,202 shares during the quarter. iShares A.I. Innovation and Tech Active ETF accounts for about 2.0% of Tsfg LLC’s investment portfolio, making the stock its 12th biggest position. Tsfg LLC owned 0.17% of iShares A.I. Innovation and Tech Active ETF worth $13,665,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Team Financial Group LLC grew its stake in shares of iShares A.I. Innovation and Tech Active ETF by 59.6% during the fourth quarter. Team Financial Group LLC now owns 964 shares of the company’s stock valued at $32,000 after buying an additional 360 shares during the last quarter. Harbor Investment Advisory LLC grew its stake in shares of iShares A.I. Innovation and Tech Active ETF by 89.5% during the third quarter. Harbor Investment Advisory LLC now owns 1,681 shares of the company’s stock valued at $57,000 after buying an additional 794 shares during the last quarter. EverSource Wealth Advisors LLC bought a new position in shares of iShares A.I. Innovation and Tech Active ETF during the second quarter valued at approximately $119,000. Financial Management Professionals Inc. grew its stake in shares of iShares A.I. Innovation and Tech Active ETF by 5.4% during the fourth quarter. Financial Management Professionals Inc. now owns 5,674 shares of the company’s stock valued at $189,000 after buying an additional 292 shares during the last quarter. Finally, Kingswood Wealth Advisors LLC bought a new position in shares of iShares A.I. Innovation and Tech Active ETF during the third quarter valued at approximately $250,000.

iShares A.I. Innovation and Tech Active ETF Stock Performance

Shares of NYSEARCA BAI opened at $48.36 on Tuesday. The firm has a market capitalization of $15.01 billion, a price-to-earnings ratio of 45.43 and a beta of 2.28. The stock has a 50 day moving average price of $37.35 and a 200 day moving average price of $35.55. iShares A.I. Innovation and Tech Active ETF has a 52-week low of $24.60 and a 52-week high of $48.58.

About iShares A.I. Innovation and Tech Active ETF

The iShares A.I. Innovation and Tech Active ETF (BAI) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed portfolio of global AI and technology equities across all market capitalizations. Holdings are selected using proprietary, fundamental research. BAI was launched on Oct 21, 2024 and is issued by BlackRock.