McNaughton Wealth Management LLC Has $7.81 Million Stake in iShares Future AI & Tech ETF $ARTY

McNaughton Wealth Management LLC trimmed its holdings in shares of iShares Future AI & Tech ETF (NYSEARCA:ARTY) by 21.8% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 102,549 shares of the company’s stock after selling 28,619 shares during the quarter. iShares Future AI & Tech ETF accounts for about 2.8% of McNaughton Wealth Management LLC’s portfolio, making the stock its 7th largest position. McNaughton Wealth Management LLC owned 0.20% of iShares Future AI & Tech ETF worth $7,810,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Nemes Rush Group LLC lifted its holdings in shares of iShares Future AI & Tech ETF by 333.3% during the fourth quarter. Nemes Rush Group LLC now owns 533 shares of the company’s stock worth $26,000 after purchasing an additional 410 shares during the period. Blue Trust Inc. raised its position in iShares Future AI & Tech ETF by 43.3% during the 1st quarter. Blue Trust Inc. now owns 725 shares of the company’s stock worth $34,000 after purchasing an additional 219 shares during the last quarter. Aptus Capital Advisors LLC lifted its holdings in iShares Future AI & Tech ETF by 73.2% during the 3rd quarter. Aptus Capital Advisors LLC now owns 776 shares of the company’s stock worth $36,000 after buying an additional 328 shares during the period. Elyxium Wealth LLC bought a new stake in shares of iShares Future AI & Tech ETF in the 4th quarter valued at about $39,000. Finally, Strive Financial Group LLC bought a new stake in shares of iShares Future AI & Tech ETF in the 4th quarter valued at about $46,000.

iShares Future AI & Tech ETF Trading Down 1.4%

Shares of ARTY stock opened at $72.22 on Thursday. The stock has a market cap of $3.78 billion, a price-to-earnings ratio of 32.81 and a beta of 1.51. The stock has a 50-day moving average of $71.98 and a 200-day moving average of $60.78. iShares Future AI & Tech ETF has a 1-year low of $40.56 and a 1-year high of $81.85.

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.