Sequoia Financial Advisors LLC Buys Shares of 8,806 iShares Future AI & Tech ETF $ARTY

Sequoia Financial Advisors LLC bought a new stake in shares of iShares Future AI & Tech ETF (NYSEARCA:ARTY) during the fourth quarter, HoldingsChannel reports. The institutional investor bought 8,806 shares of the company’s stock, valued at approximately $424,000.

Other large investors also recently added to or reduced their stakes in the company. BCS Wealth Management bought a new position in iShares Future AI & Tech ETF in the 4th quarter valued at approximately $496,000. Stratos Wealth Partners LTD. raised its stake in shares of iShares Future AI & Tech ETF by 11.1% during the fourth quarter. Stratos Wealth Partners LTD. now owns 224,766 shares of the company’s stock valued at $10,829,000 after acquiring an additional 22,494 shares during the last quarter. Avestar Capital LLC bought a new position in shares of iShares Future AI & Tech ETF during the third quarter valued at $2,088,000. Cora Capital Advisors LLC raised its stake in shares of iShares Future AI & Tech ETF by 39.4% during the third quarter. Cora Capital Advisors LLC now owns 74,669 shares of the company’s stock valued at $3,418,000 after acquiring an additional 21,111 shares during the last quarter. Finally, Flow Traders U.S. LLC bought a new position in shares of iShares Future AI & Tech ETF during the third quarter valued at $4,363,000.

iShares Future AI & Tech ETF Stock Performance

Shares of ARTY opened at $65.80 on Monday. The company has a market capitalization of $3.04 billion, a PE ratio of 32.81 and a beta of 1.46. iShares Future AI & Tech ETF has a 12 month low of $35.72 and a 12 month high of $69.78. The stock’s 50-day moving average price is $54.97 and its two-hundred day moving average price is $51.43.

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.