CoreCap Advisors LLC Grows Stake in iShares A.I. Innovation and Tech Active ETF $BAI

CoreCap Advisors LLC grew its position in iShares A.I. Innovation and Tech Active ETF (NYSEARCA:BAI) by 50.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 70,881 shares of the company’s stock after buying an additional 23,780 shares during the quarter. CoreCap Advisors LLC’s holdings in iShares A.I. Innovation and Tech Active ETF were worth $2,360,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in BAI. JPMorgan Chase & Co. grew its position in shares of iShares A.I. Innovation and Tech Active ETF by 3,613,012.8% during the 2nd quarter. JPMorgan Chase & Co. now owns 3,938,293 shares of the company’s stock worth $113,620,000 after buying an additional 3,938,184 shares in the last quarter. Berbice Capital Management LLC bought a new stake in shares of iShares A.I. Innovation and Tech Active ETF in the second quarter valued at about $1,102,000. Twin Peaks Wealth Advisors LLC purchased a new stake in iShares A.I. Innovation and Tech Active ETF in the second quarter worth about $1,282,000. EverSource Wealth Advisors LLC bought a new position in iShares A.I. Innovation and Tech Active ETF during the 2nd quarter worth about $119,000. Finally, Redwood Investment Management LLC bought a new position in iShares A.I. Innovation and Tech Active ETF during the 2nd quarter worth about $582,000.

iShares A.I. Innovation and Tech Active ETF Stock Performance

NYSEARCA BAI opened at $32.62 on Friday. iShares A.I. Innovation and Tech Active ETF has a one year low of $18.33 and a one year high of $38.04. The company has a market capitalization of $8.16 billion, a price-to-earnings ratio of 45.43 and a beta of 2.60. The company’s 50-day simple moving average is $34.42 and its two-hundred day simple moving average is $34.50.

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.