Alexander Labrunerie & CO. Inc. Takes Position in iShares Future AI & Tech ETF $ARTY

Alexander Labrunerie & CO. Inc. bought a new stake in shares of iShares Future AI & Tech ETF (NYSEARCA:ARTY) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 101,029 shares of the company’s stock, valued at approximately $4,625,000. iShares Future AI & Tech ETF accounts for about 1.7% of Alexander Labrunerie & CO. Inc.’s portfolio, making the stock its 18th biggest holding. Alexander Labrunerie & CO. Inc. owned about 0.25% of iShares Future AI & Tech ETF as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently made changes to their positions in the stock. Royal Bank of Canada increased its stake in iShares Future AI & Tech ETF by 16.9% in the 1st quarter. Royal Bank of Canada now owns 130,466 shares of the company’s stock worth $4,104,000 after acquiring an additional 18,891 shares during the last quarter. NewEdge Advisors LLC bought a new stake in shares of iShares Future AI & Tech ETF during the 1st quarter valued at about $52,000. Jane Street Group LLC purchased a new position in shares of iShares Future AI & Tech ETF during the first quarter worth about $1,478,000. Allworth Financial LP grew its holdings in shares of iShares Future AI & Tech ETF by 19.2% during the second quarter. Allworth Financial LP now owns 2,287 shares of the company’s stock worth $94,000 after purchasing an additional 369 shares in the last quarter. Finally, Kingsview Wealth Management LLC bought a new position in shares of iShares Future AI & Tech ETF in the second quarter worth approximately $217,000.

iShares Future AI & Tech ETF Stock Up 1.0%

ARTY opened at $50.28 on Wednesday. The stock has a market cap of $2.19 billion, a PE ratio of 32.81 and a beta of 1.20. iShares Future AI & Tech ETF has a 52 week low of $26.31 and a 52 week high of $54.79. The business’s fifty day simple moving average is $50.72 and its 200 day simple moving average is $48.52.

iShares Future AI & Tech ETF 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.