Osaic Holdings Inc. Buys 121,546 Shares of iShares Future AI & Tech ETF $ARTY

Osaic Holdings Inc. boosted its stake in iShares Future AI & Tech ETF (NYSEARCA:ARTY) by 111.3% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 230,740 shares of the company’s stock after purchasing an additional 121,546 shares during the quarter. Osaic Holdings Inc. owned about 0.81% of iShares Future AI & Tech ETF worth $9,321,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in ARTY. Total Investment Management Inc. acquired a new position in shares of iShares Future AI & Tech ETF during the 2nd quarter worth about $26,000. Simplex Trading LLC bought a new position in iShares Future AI & Tech ETF during the 1st quarter worth approximately $33,000. Kilter Group LLC bought a new position in iShares Future AI & Tech ETF during the 2nd quarter worth approximately $35,000. Ameritas Advisory Services LLC acquired a new position in iShares Future AI & Tech ETF during the second quarter valued at approximately $51,000. Finally, NewEdge Advisors LLC bought a new stake in iShares Future AI & Tech ETF in the first quarter valued at approximately $52,000.

iShares Future AI & Tech ETF Stock Performance

ARTY opened at $47.66 on Friday. The firm’s fifty day moving average is $48.20 and its two-hundred day moving average is $44.52. The firm has a market cap of $1.89 billion, a PE ratio of 32.81 and a beta of 1.20. iShares Future AI & Tech ETF has a twelve month low of $26.31 and a twelve month high of $51.79.

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. ARTY was launched on Jun 26, 2018 and is issued by BlackRock.