iShares A.I. Innovation and Tech Active ETF $BAI Shares Bought by Bay Harbor Wealth Management LLC

Bay Harbor Wealth Management LLC grew its holdings in shares of iShares A.I. Innovation and Tech Active ETF (NYSEARCA:BAI) by 154.5% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 176,404 shares of the company’s stock after purchasing an additional 107,103 shares during the period. iShares A.I. Innovation and Tech Active ETF comprises about 1.6% of Bay Harbor Wealth Management LLC’s portfolio, making the stock its 25th biggest position. Bay Harbor Wealth Management LLC owned about 0.10% of iShares A.I. Innovation and Tech Active ETF worth $6,026,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in BAI. AdvisorNet Financial Inc acquired a new position in shares of iShares A.I. Innovation and Tech Active ETF in the second quarter valued at approximately $26,000. Harbor Investment Advisory LLC purchased a new position in iShares A.I. Innovation and Tech Active ETF in the 2nd quarter valued at approximately $26,000. Parallel Advisors LLC purchased a new position in iShares A.I. Innovation and Tech Active ETF in the 2nd quarter valued at approximately $67,000. Golden State Wealth Management LLC acquired a new position in shares of iShares A.I. Innovation and Tech Active ETF in the second quarter worth $103,000. Finally, EverSource Wealth Advisors LLC purchased a new stake in shares of iShares A.I. Innovation and Tech Active ETF during the second quarter worth $119,000.

iShares A.I. Innovation and Tech Active ETF Trading Up 2.4%

Shares of NYSEARCA BAI opened at $32.33 on Friday. The stock has a market cap of $6.68 billion, a P/E ratio of 45.43 and a beta of 2.60. iShares A.I. Innovation and Tech Active ETF has a 12-month low of $18.33 and a 12-month high of $38.04. The business’s fifty day simple moving average is $34.75 and its 200-day simple moving average is $32.20.

iShares A.I. Innovation and Tech Active ETF Profile

The iShares A.I. Innovation and Tech Active ETF (BAI) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed portfolio of global AI and technology equities across all market capitalizations. Holdings are selected using proprietary, fundamental research.