CoreCap Advisors LLC Acquires 26,622 Shares of iShares A.I. Innovation and Tech Active ETF $BAI

CoreCap Advisors LLC boosted its holdings in shares of iShares A.I. Innovation and Tech Active ETF (NYSEARCA:BAI) by 130.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 47,101 shares of the company’s stock after purchasing an additional 26,622 shares during the quarter. CoreCap Advisors LLC’s holdings in iShares A.I. Innovation and Tech Active ETF were worth $1,609,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in the business. AdvisorNet Financial Inc purchased a new stake in iShares A.I. Innovation and Tech Active ETF during the 2nd quarter valued at approximately $26,000. Harbor Investment Advisory LLC purchased a new position in shares of iShares A.I. Innovation and Tech Active ETF in the second quarter worth $26,000. Parallel Advisors LLC bought a new position in shares of iShares A.I. Innovation and Tech Active ETF during the second quarter worth $67,000. Golden State Wealth Management LLC purchased a new position in iShares A.I. Innovation and Tech Active ETF during the second quarter valued at $103,000. Finally, EverSource Wealth Advisors LLC bought a new stake in iShares A.I. Innovation and Tech Active ETF in the 2nd quarter valued at $119,000.

iShares A.I. Innovation and Tech Active ETF Stock Down 2.2%

Shares of BAI stock opened at $33.62 on Friday. The company’s fifty day simple moving average is $34.25 and its two-hundred day simple moving average is $32.91. iShares A.I. Innovation and Tech Active ETF has a 52 week low of $18.33 and a 52 week high of $38.04. The stock has a market cap of $8.15 billion, a P/E ratio of 45.43 and a beta of 2.60.

iShares A.I. Innovation and Tech Active ETF Company 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. BAI was launched on Oct 21, 2024 and is issued by BlackRock.