Truist Financial Corp Makes New Investment in iShares Future AI & Tech ETF $ARTY

Truist Financial Corp bought a new position in shares of iShares Future AI & Tech ETF (NYSEARCA:ARTY) during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor bought 6,262 shares of the company’s stock, valued at approximately $257,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Capital Investment Advisory Services LLC bought a new position in shares of iShares Future AI & Tech ETF during the first quarter valued at approximately $26,000. Signaturefd LLC bought a new stake in iShares Future AI & Tech ETF during the 1st quarter valued at $29,000. Center for Financial Planning Inc. bought a new stake in iShares Future AI & Tech ETF during the 1st quarter valued at $33,000. TruNorth Capital Management LLC bought a new stake in iShares Future AI & Tech ETF during the 1st quarter valued at $33,000. Finally, Simplex Trading LLC bought a new stake in iShares Future AI & Tech ETF during the 1st quarter valued at $33,000.

iShares Future AI & Tech ETF Price Performance

Shares of ARTY stock opened at $48.19 on Friday. iShares Future AI & Tech ETF has a 1-year low of $26.31 and a 1-year high of $49.84. The stock’s 50-day moving average is $44.72 and its 200 day moving average is $39.71. The company has a market cap of $1.86 billion, a P/E ratio of 32.81 and a beta of 1.17.

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.