Janney Montgomery Scott LLC Makes New Investment in iShares Future AI & Tech ETF (NYSEARCA:ARTY)

Janney Montgomery Scott LLC purchased a new position in shares of iShares Future AI & Tech ETF (NYSEARCA:ARTY) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 38,837 shares of the company’s stock, valued at approximately $1,221,000. Janney Montgomery Scott LLC owned about 0.16% of iShares Future AI & Tech ETF as of its most recent filing with the SEC.

Other hedge funds have also recently added to or reduced their stakes in the company. Wealth Enhancement Advisory Services LLC bought a new position in iShares Future AI & Tech ETF during the 4th quarter worth approximately $1,383,000. Goldstone Financial Group LLC bought a new stake in shares of iShares Future AI & Tech ETF in the 1st quarter valued at $537,000. GTS Securities LLC bought a new stake in shares of iShares Future AI & Tech ETF in the 4th quarter valued at $2,407,000. Parallel Advisors LLC bought a new stake in shares of iShares Future AI & Tech ETF in the 1st quarter valued at $84,000. Finally, Compagnie Lombard Odier SCmA bought a new stake in shares of iShares Future AI & Tech ETF in the 1st quarter valued at $85,000.

iShares Future AI & Tech ETF Stock Down 0.2%

NYSEARCA:ARTY opened at $40.64 on Friday. The company has a fifty day moving average of $36.21 and a 200-day moving average of $36.14. The firm has a market capitalization of $1.08 billion, a P/E ratio of 34.00 and a beta of 1.17. iShares Future AI & Tech ETF has a twelve month low of $26.31 and a twelve month 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.