Bank of New York Mellon Corp increased its holdings in iShares A.I. Innovation and Tech Active ETF (NYSEARCA:BAI – Free Report) by 10.4% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,198,581 shares of the company’s stock after buying an additional 300,664 shares during the period. Bank of New York Mellon Corp owned about 1.03% of iShares A.I. Innovation and Tech Active ETF worth $105,393,000 as of its most recent SEC filing.
A number of other large investors have also recently added to or reduced their stakes in BAI. Team Financial Group LLC raised its position in iShares A.I. Innovation and Tech Active ETF by 59.6% during the fourth quarter. Team Financial Group LLC now owns 964 shares of the company’s stock worth $32,000 after acquiring an additional 360 shares during the last quarter. Bogart Wealth LLC purchased a new stake in shares of iShares A.I. Innovation and Tech Active ETF in the first quarter valued at about $32,000. Nemes Rush Group LLC grew its position in shares of iShares A.I. Innovation and Tech Active ETF by 531.6% in the fourth quarter. Nemes Rush Group LLC now owns 1,099 shares of the company’s stock valued at $37,000 after purchasing an additional 925 shares during the last quarter. Bayban acquired a new stake in shares of iShares A.I. Innovation and Tech Active ETF in the fourth quarter valued at approximately $38,000. Finally, Harbor Investment Advisory LLC increased its stake in shares of iShares A.I. Innovation and Tech Active ETF by 103.7% during the 1st quarter. Harbor Investment Advisory LLC now owns 3,536 shares of the company’s stock worth $117,000 after purchasing an additional 1,800 shares in the last quarter.
iShares A.I. Innovation and Tech Active ETF Price Performance
Shares of iShares A.I. Innovation and Tech Active ETF stock opened at $42.70 on Tuesday. iShares A.I. Innovation and Tech Active ETF has a 1 year low of $29.39 and a 1 year high of $54.46. The company has a market capitalization of $12.89 billion, a P/E ratio of 45.43 and a beta of 2.26. The business has a 50 day moving average price of $48.42 and a 200 day moving average price of $40.42.
About iShares A.I. Innovation and Tech Active ETF
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.
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