Commonwealth Equity Services LLC Reduces Stock Holdings in iShares Future AI & Tech ETF $ARTY

Commonwealth Equity Services LLC lowered its position in iShares Future AI & Tech ETF (NYSEARCA:ARTY) by 9.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 87,002 shares of the company’s stock after selling 9,119 shares during the quarter. Commonwealth Equity Services LLC owned 0.20% of iShares Future AI & Tech ETF worth $4,192,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in ARTY. MMA Asset Management LLC purchased a new position in shares of iShares Future AI & Tech ETF in the third quarter valued at $25,000. Nemes Rush Group LLC increased its position in shares of iShares Future AI & Tech ETF by 333.3% in the fourth quarter. Nemes Rush Group LLC now owns 533 shares of the company’s stock valued at $26,000 after buying an additional 410 shares in the last quarter. CoreCap Advisors LLC increased its position in shares of iShares Future AI & Tech ETF by 61.8% in the fourth quarter. CoreCap Advisors LLC now owns 571 shares of the company’s stock valued at $28,000 after buying an additional 218 shares in the last quarter. Saranac Partners Ltd purchased a new position in shares of iShares Future AI & Tech ETF in the third quarter valued at $33,000. Finally, Aptus Capital Advisors LLC increased its position in iShares Future AI & Tech ETF by 73.2% during the 3rd quarter. Aptus Capital Advisors LLC now owns 776 shares of the company’s stock worth $36,000 after purchasing an additional 328 shares in the last quarter.

iShares Future AI & Tech ETF Stock Performance

iShares Future AI & Tech ETF stock opened at $70.63 on Monday. The stock has a market cap of $3.26 billion, a PE ratio of 32.81 and a beta of 1.50. The stock has a 50-day moving average price of $61.81 and a 200 day moving average price of $53.84. iShares Future AI & Tech ETF has a 52 week low of $37.78 and a 52 week high of $81.85.

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.