Kestra Advisory Services LLC Purchases 31,482 Shares of iShares Future AI & Tech ETF $ARTY

Kestra Advisory Services LLC increased its position in iShares Future AI & Tech ETF (NYSEARCA:ARTY) by 50.3% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 94,027 shares of the company’s stock after buying an additional 31,482 shares during the quarter. Kestra Advisory Services LLC’s holdings in iShares Future AI & Tech ETF were worth $4,375,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Riverbend Wealth Management LLC boosted its position in iShares Future AI & Tech ETF by 4.2% during the 1st quarter. Riverbend Wealth Management LLC now owns 4,416 shares of the company’s stock valued at $205,000 after buying an additional 179 shares during the period. CoreCap Advisors LLC grew its holdings in iShares Future AI & Tech ETF by 61.8% in the 4th quarter. CoreCap Advisors LLC now owns 571 shares of the company’s stock worth $28,000 after acquiring an additional 218 shares during the last quarter. Blue Trust Inc. increased its position in shares of iShares Future AI & Tech ETF by 43.3% in the first quarter. Blue Trust Inc. now owns 725 shares of the company’s stock valued at $34,000 after acquiring an additional 219 shares during the period. AdvisorNet Financial Inc increased its position in shares of iShares Future AI & Tech ETF by 23.1% in the first quarter. AdvisorNet Financial Inc now owns 1,281 shares of the company’s stock valued at $60,000 after acquiring an additional 240 shares during the period. Finally, WCG Wealth Advisors LLC raised its stake in shares of iShares Future AI & Tech ETF by 2.1% during the third quarter. WCG Wealth Advisors LLC now owns 12,156 shares of the company’s stock valued at $557,000 after acquiring an additional 248 shares during the last quarter.

iShares Future AI & Tech ETF Trading Down 4.0%

Shares of NYSEARCA:ARTY opened at $66.05 on Friday. The company has a 50-day moving average price of $72.09 and a 200-day moving average price of $59.05. The company has a market cap of $3.46 billion, a price-to-earnings ratio of 32.81 and a beta of 1.49. iShares Future AI & Tech ETF has a 12 month low of $40.56 and a 12 month high of $81.85.

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.