iShares Future AI & Tech ETF $ARTY Shares Sold by Assetmark Inc.

Assetmark Inc. lowered its position in shares of iShares Future AI & Tech ETF (NYSEARCA:ARTY) by 99.2% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 5,004 shares of the company’s stock after selling 626,405 shares during the quarter. Assetmark Inc.’s holdings in iShares Future AI & Tech ETF were worth $233,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the company. Royal Bank of Canada lifted its stake in iShares Future AI & Tech ETF by 16.9% during the first quarter. Royal Bank of Canada now owns 130,466 shares of the company’s stock worth $4,104,000 after purchasing 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 acquired a new stake in iShares Future AI & Tech ETF during the first quarter worth about $1,478,000. Franklin Resources Inc. acquired a new stake in iShares Future AI & Tech ETF during the second quarter worth about $53,000. Finally, Russell Investments Group Ltd. bought a new position in iShares Future AI & Tech ETF in the second quarter worth about $92,000.

iShares Future AI & Tech ETF Stock Down 0.6%

Shares of ARTY stock opened at $66.34 on Tuesday. The business has a 50 day moving average of $72.10 and a two-hundred day moving average of $59.94. iShares Future AI & Tech ETF has a 52 week low of $40.56 and a 52 week high of $81.85. The company has a market cap of $3.47 billion, a P/E ratio of 32.81 and a beta of 1.49.

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.