HighTower Advisors LLC Buys 182,726 Shares of iShares Future AI & Tech ETF $ARTY

HighTower Advisors LLC raised its stake in iShares Future AI & Tech ETF (NYSEARCA:ARTY) by 1,311.7% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 196,657 shares of the company’s stock after purchasing an additional 182,726 shares during the period. HighTower Advisors LLC’s holdings in iShares Future AI & Tech ETF were worth $9,003,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Investment Partners LTD. acquired a new position in shares of iShares Future AI & Tech ETF during the third quarter valued at about $232,000. Center for Financial Planning Inc. increased its stake in iShares Future AI & Tech ETF by 50.8% during the third quarter. Center for Financial Planning Inc. now owns 4,859 shares of the company’s stock valued at $222,000 after acquiring an additional 1,637 shares during the period. Stratos Wealth Partners LTD. increased its stake in iShares Future AI & Tech ETF by 1,083.8% during the third quarter. Stratos Wealth Partners LTD. now owns 202,272 shares of the company’s stock valued at $9,260,000 after acquiring an additional 185,185 shares during the period. Eukles Asset Management acquired a new position in iShares Future AI & Tech ETF in the 3rd quarter valued at approximately $34,000. Finally, MMA Asset Management LLC bought a new stake in shares of iShares Future AI & Tech ETF in the 3rd quarter worth approximately $25,000.

iShares Future AI & Tech ETF Trading Up 0.3%

Shares of NYSEARCA:ARTY opened at $51.25 on Friday. The firm has a market capitalization of $2.23 billion, a PE ratio of 32.81 and a beta of 1.20. iShares Future AI & Tech ETF has a 1-year low of $26.31 and a 1-year high of $54.79. The business’s 50 day moving average is $50.23 and its 200-day moving average is $47.61.

About iShares Future AI & Tech ETF

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.