US Bancorp DE Buys Shares of 2,738 iShares Future AI & Tech ETF $ARTY

US Bancorp DE purchased a new stake in 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 firm purchased 2,738 shares of the company’s stock, valued at approximately $86,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Capital Investment Advisory Services LLC purchased a new stake in shares of iShares Future AI & Tech ETF in the first quarter valued at $26,000. PFS Partners LLC purchased a new position in iShares Future AI & Tech ETF in the 1st quarter valued at about $28,000. Signaturefd LLC acquired a new stake in shares of iShares Future AI & Tech ETF during the 1st quarter worth about $29,000. Center for Financial Planning Inc. purchased a new stake in shares of iShares Future AI & Tech ETF during the first quarter worth about $33,000. Finally, TruNorth Capital Management LLC acquired a new position in shares of iShares Future AI & Tech ETF in the first quarter valued at approximately $33,000.

iShares Future AI & Tech ETF Stock Performance

ARTY stock opened at $42.86 on Monday. The company has a 50 day moving average price of $41.24 and a two-hundred day moving average price of $37.07. The stock has a market capitalization of $1.23 billion, a P/E ratio of 32.81 and a beta of 1.17. iShares Future AI & Tech ETF has a one year low of $26.31 and a one year high of $44.46.

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.