Wharton Business Group LLC Has $45.28 Million Stake in iShares Future AI & Tech ETF $ARTY

Wharton Business Group LLC lifted its stake in iShares Future AI & Tech ETF (NYSEARCA:ARTY) by 2.4% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 989,042 shares of the company’s stock after purchasing an additional 22,740 shares during the quarter. iShares Future AI & Tech ETF accounts for approximately 1.8% of Wharton Business Group LLC’s investment portfolio, making the stock its 18th largest holding. Wharton Business Group LLC’s holdings in iShares Future AI & Tech ETF were worth $45,277,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the stock. SOA Wealth Advisors LLC. raised its holdings in iShares Future AI & Tech ETF by 269.4% in the 3rd quarter. SOA Wealth Advisors LLC. now owns 543 shares of the company’s stock valued at $25,000 after acquiring an additional 396 shares in the last quarter. MMA Asset Management LLC bought a new position in shares of iShares Future AI & Tech ETF in the third quarter worth $25,000. Total Investment Management Inc. bought a new position in shares of iShares Future AI & Tech ETF in the second quarter worth $26,000. Heartwood Wealth Advisors LLC bought a new stake in iShares Future AI & Tech ETF during the third quarter worth about $27,000. Finally, Howe & Rusling Inc. lifted its position in iShares Future AI & Tech ETF by 525.0% during the third quarter. Howe & Rusling Inc. now owns 625 shares of the company’s stock worth $29,000 after purchasing an additional 525 shares during the period.

iShares Future AI & Tech ETF Trading Down 0.2%

ARTY stock traded down $0.09 during mid-day trading on Friday, hitting $51.00. The stock had a trading volume of 78,287 shares, compared to its average volume of 540,528. iShares Future AI & Tech ETF has a 52 week low of $26.31 and a 52 week high of $54.79. The firm has a market capitalization of $2.22 billion, a P/E ratio of 32.81 and a beta of 1.20. The firm has a fifty day simple moving average of $50.16 and a 200 day simple moving average of $47.52.

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.