Total Clarity Wealth Management Inc. Invests $377,000 in iShares Future AI & Tech ETF $ARTY

Total Clarity Wealth Management Inc. purchased a new position in iShares Future AI & Tech ETF (NYSEARCA:ARTY) during the 1st quarter, HoldingsChannel reports. The firm purchased 8,111 shares of the company’s stock, valued at approximately $377,000.

Other hedge funds also recently modified their holdings of the company. BCS Wealth Management bought a new stake in iShares Future AI & Tech ETF in the 4th quarter valued at $496,000. Stratos Wealth Partners LTD. lifted its stake in shares of iShares Future AI & Tech ETF by 11.1% in the fourth quarter. Stratos Wealth Partners LTD. now owns 224,766 shares of the company’s stock valued at $10,829,000 after buying an additional 22,494 shares during the period. Kingswood Wealth Advisors LLC bought a new stake in shares of iShares Future AI & Tech ETF in the fourth quarter valued at about $522,000. U.S. Capital Wealth Advisors LLC acquired a new stake in iShares Future AI & Tech ETF during the fourth quarter worth about $541,000. Finally, Assetmark Inc. increased its stake in iShares Future AI & Tech ETF by 1,433.3% during the fourth quarter. Assetmark Inc. now owns 631,409 shares of the company’s stock valued at $30,421,000 after acquiring an additional 590,228 shares during the period.

iShares Future AI & Tech ETF Stock Down 6.3%

iShares Future AI & Tech ETF stock opened at $74.42 on Wednesday. The business has a 50 day moving average price of $68.27 and a two-hundred day moving average price of $56.25. iShares Future AI & Tech ETF has a 12 month low of $39.05 and a 12 month high of $81.85. The stock has a market cap of $3.44 billion, a price-to-earnings ratio of 32.81 and a beta of 1.50.

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.