Farther Finance Advisors LLC Makes New $240,000 Investment in iShares Future AI & Tech ETF (NYSEARCA:ARTY)

Farther Finance Advisors LLC bought a new position in shares of iShares Future AI & Tech ETF (NYSEARCA:ARTY) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 7,536 shares of the company’s stock, valued at approximately $240,000.

A number of other hedge funds also recently bought and sold shares of ARTY. GTS Securities LLC acquired a new position in shares of iShares Future AI & Tech ETF during the fourth quarter worth $2,407,000. Cora Capital Advisors LLC acquired a new position in shares of iShares Future AI & Tech ETF during the first quarter worth $1,785,000. Wealth Enhancement Advisory Services LLC acquired a new position in shares of iShares Future AI & Tech ETF during the fourth quarter worth $1,383,000. H&H Retirement Design & Management INC acquired a new position in shares of iShares Future AI & Tech ETF during the fourth quarter worth $1,044,000. Finally, Amplius Wealth Advisors LLC acquired a new position in shares of iShares Future AI & Tech ETF during the first quarter worth $691,000.

iShares Future AI & Tech ETF Trading Up 0.3%

Shares of ARTY stock opened at $38.76 on Thursday. The business’s fifty day simple moving average is $34.90 and its 200-day simple moving average is $36.09. The company has a market cap of $995.36 million, a PE ratio of 34.00 and a beta of 1.17. iShares Future AI & Tech ETF has a 12-month low of $26.31 and a 12-month high of $41.46.

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.