Keystone Financial Group Purchases 91,215 Shares of iShares A.I. Innovation and Tech Active ETF $BAI

Keystone Financial Group boosted its position in shares of iShares A.I. Innovation and Tech Active ETF (NYSEARCA:BAI) by 34.0% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 359,189 shares of the company’s stock after acquiring an additional 91,215 shares during the period. iShares A.I. Innovation and Tech Active ETF comprises approximately 0.9% of Keystone Financial Group’s investment portfolio, making the stock its 25th biggest holding. Keystone Financial Group’s holdings in iShares A.I. Innovation and Tech Active ETF were worth $11,961,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in BAI. JPMorgan Chase & Co. boosted its stake in iShares A.I. Innovation and Tech Active ETF by 117.8% during the third quarter. JPMorgan Chase & Co. now owns 8,576,103 shares of the company’s stock valued at $292,960,000 after buying an additional 4,637,810 shares during the last quarter. Ameriprise Financial Inc. bought a new position in iShares A.I. Innovation and Tech Active ETF during the third quarter valued at approximately $92,637,000. NewEdge Advisors LLC boosted its stake in iShares A.I. Innovation and Tech Active ETF by 162.3% during the third quarter. NewEdge Advisors LLC now owns 2,682,911 shares of the company’s stock valued at $91,648,000 after buying an additional 1,660,253 shares during the last quarter. United Capital Financial Advisors LLC boosted its stake in iShares A.I. Innovation and Tech Active ETF by 157.4% during the third quarter. United Capital Financial Advisors LLC now owns 1,437,706 shares of the company’s stock valued at $49,112,000 after buying an additional 879,220 shares during the last quarter. Finally, Integrated Wealth Concepts LLC boosted its stake in iShares A.I. Innovation and Tech Active ETF by 74.5% during the third quarter. Integrated Wealth Concepts LLC now owns 480,622 shares of the company’s stock valued at $16,418,000 after buying an additional 205,155 shares during the last quarter.

iShares A.I. Innovation and Tech Active ETF Trading Up 2.6%

Shares of iShares A.I. Innovation and Tech Active ETF stock opened at $47.50 on Friday. The stock has a 50 day moving average of $39.40 and a 200 day moving average of $36.14. iShares A.I. Innovation and Tech Active ETF has a 12 month low of $25.17 and a 12 month high of $48.80. The firm has a market cap of $14.75 billion, a PE ratio of 45.43 and a beta of 2.28.

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.