Wealth Management Partners LLC Has $2.87 Million Stock Position in iShares Future AI & Tech ETF $ARTY

Wealth Management Partners LLC boosted its position in shares of iShares Future AI & Tech ETF (NYSEARCA:ARTY) by 18.8% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 61,658 shares of the company’s stock after purchasing an additional 9,772 shares during the quarter. Wealth Management Partners LLC owned about 0.14% of iShares Future AI & Tech ETF worth $2,869,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently added to or reduced their stakes in the company. Royal Bank of Canada grew its position in shares of iShares Future AI & Tech ETF by 16.9% during the 1st quarter. Royal Bank of Canada now owns 130,466 shares of the company’s stock worth $4,104,000 after buying an additional 18,891 shares during the period. NewEdge Advisors LLC bought a new stake in shares of iShares Future AI & Tech ETF during the first quarter worth approximately $52,000. Jane Street Group LLC acquired a new position in iShares Future AI & Tech ETF in the first quarter valued at approximately $1,478,000. Franklin Resources Inc. acquired a new position in iShares Future AI & Tech ETF in the second quarter valued at approximately $53,000. Finally, Russell Investments Group Ltd. bought a new position in iShares Future AI & Tech ETF in the second quarter valued at approximately $92,000.

iShares Future AI & Tech ETF Stock Performance

ARTY opened at $74.42 on Wednesday. The company has a fifty 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 52 week low of $39.05 and a 52 week high of $81.85. The firm has a market capitalization of $3.44 billion, a PE 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.