Royal Bank of Canada Purchases 21,583 Shares of iShares Future AI & Tech ETF $ARTY

Royal Bank of Canada lifted its holdings in shares of iShares Future AI & Tech ETF (NYSEARCA:ARTY) by 12.2% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 198,243 shares of the company’s stock after purchasing an additional 21,583 shares during the quarter. Royal Bank of Canada owned 0.43% of iShares Future AI & Tech ETF worth $9,225,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of ARTY. Nemes Rush Group LLC lifted its stake in iShares Future AI & Tech ETF by 333.3% during the fourth quarter. Nemes Rush Group LLC now owns 533 shares of the company’s stock worth $26,000 after purchasing an additional 410 shares during the last quarter. Blue Trust Inc. boosted its holdings in shares of iShares Future AI & Tech ETF by 43.3% in the 1st quarter. Blue Trust Inc. now owns 725 shares of the company’s stock worth $34,000 after purchasing an additional 219 shares in the last quarter. Aptus Capital Advisors LLC increased its position in shares of 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 valued at $36,000 after purchasing an additional 328 shares during the last quarter. Elyxium Wealth LLC bought a new position in shares of iShares Future AI & Tech ETF during the 4th quarter valued at about $39,000. Finally, Strive Financial Group LLC purchased a new position in shares of iShares Future AI & Tech ETF during the 4th quarter valued at about $46,000.

iShares Future AI & Tech ETF Price Performance

NYSEARCA:ARTY opened at $72.78 on Monday. The business has a 50 day moving average of $71.92 and a 200 day moving average of $61.07. The company has a market capitalization of $3.81 billion, a price-to-earnings ratio of 32.81 and a beta of 1.51. iShares Future AI & Tech ETF has a 1-year low of $40.56 and a 1-year high of $81.85.

iShares Future AI & Tech ETF Company 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.