iShares A.I. Innovation and Tech Active ETF $BAI Shares Bought by Icon Wealth Advisors LLC

Icon Wealth Advisors LLC increased its stake in iShares A.I. Innovation and Tech Active ETF (NYSEARCA:BAI) by 7.1% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 616,023 shares of the company’s stock after purchasing an additional 40,650 shares during the period. iShares A.I. Innovation and Tech Active ETF accounts for about 1.4% of Icon Wealth Advisors LLC’s portfolio, making the stock its 18th largest position. Icon Wealth Advisors LLC owned about 0.25% of iShares A.I. Innovation and Tech Active ETF worth $20,514,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently bought and sold shares of BAI. EverSource Wealth Advisors LLC acquired a new stake in iShares A.I. Innovation and Tech Active ETF in the 2nd quarter worth approximately $119,000. Redwood Investment Management LLC acquired a new stake in iShares A.I. Innovation and Tech Active ETF in the 2nd quarter worth approximately $582,000. JPMorgan Chase & Co. boosted its stake in iShares A.I. Innovation and Tech Active ETF by 117.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 8,576,103 shares of the company’s stock worth $292,960,000 after purchasing an additional 4,637,810 shares in the last quarter. Synergy Investment Management LLC acquired a new stake in iShares A.I. Innovation and Tech Active ETF in the 3rd quarter worth approximately $4,809,000. Finally, Cary Street Partners Investment Advisory LLC acquired a new stake in iShares A.I. Innovation and Tech Active ETF in the 3rd quarter worth approximately $306,000.

iShares A.I. Innovation and Tech Active ETF Stock Up 0.2%

BAI stock opened at $48.94 on Friday. The firm has a 50 day moving average of $44.27 and a 200 day moving average of $37.75. The stock has a market capitalization of $15.19 billion, a PE ratio of 45.43 and a beta of 2.32. iShares A.I. Innovation and Tech Active ETF has a 52 week low of $26.61 and a 52 week high of $52.53.

iShares A.I. Innovation and Tech Active ETF Profile

The iShares A.I. Innovation and Tech Active ETF (BAI) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed portfolio of global AI and technology equities across all market capitalizations. Holdings are selected using proprietary, fundamental research. BAI was launched on Oct 21, 2024 and is issued by BlackRock.