Forvis Mazars Wealth Advisors LLC Acquires 18,873 Shares of Tortoise AI Infrastructure ETF $TCAI

Forvis Mazars Wealth Advisors LLC bought a new position in Tortoise AI Infrastructure ETF (NYSE:TCAI) in the 3rd quarter, HoldingsChannel.com reports. The institutional investor bought 18,873 shares of the company’s stock, valued at approximately $886,000.

Other large investors have also recently modified their holdings of the company. Sterneck Capital Management LLC boosted its stake in shares of Tortoise AI Infrastructure ETF by 2.8% during the 1st quarter. Sterneck Capital Management LLC now owns 122,943 shares of the company’s stock valued at $4,259,000 after purchasing an additional 3,329 shares in the last quarter. Parallel Advisors LLC increased its position in shares of Tortoise AI Infrastructure ETF by 5.9% during the first quarter. Parallel Advisors LLC now owns 64,529 shares of the company’s stock valued at $2,235,000 after buying an additional 3,578 shares during the period. Farther Finance Advisors LLC raised its stake in Tortoise AI Infrastructure ETF by 14.0% in the third quarter. Farther Finance Advisors LLC now owns 47,488 shares of the company’s stock worth $2,228,000 after buying an additional 5,818 shares in the last quarter. Integrated Wealth Concepts LLC bought a new position in Tortoise AI Infrastructure ETF in the second quarter worth about $1,085,000. Finally, Citadel Advisors LLC bought a new position in Tortoise AI Infrastructure ETF in the second quarter worth about $619,000.

Tortoise AI Infrastructure ETF Stock Performance

Shares of TCAI opened at $45.53 on Wednesday. Tortoise AI Infrastructure ETF has a one year low of $27.46 and a one year high of $58.63. The company has a 50-day simple moving average of $47.07 and a two-hundred day simple moving average of $47.54.

Tortoise AI Infrastructure ETF (NYSE: TCAI) is an exchange-traded fund managed by Tortoise Capital Advisors. The fund is designed to provide investors with exposure to companies involved in the development, operation and support of artificial intelligence infrastructure.

TCAI’s investment focus may include businesses that supply the computing, semiconductor, data center, networking, power-generation, cooling and other technology systems required to build and operate AI applications. Rather than producing AI software itself, the fund emphasizes companies that support the broader infrastructure ecosystem.

The ETF may invest across multiple industries and geographies, depending on its investment strategy and portfolio holdings.