iShares A.I. Innovation and Tech Active ETF $BAI Shares Acquired by Cahill Financial Advisors Inc.

Cahill Financial Advisors Inc. raised its holdings in shares of iShares A.I. Innovation and Tech Active ETF (NYSEARCA:BAI) by 11.0% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 341,560 shares of the company’s stock after acquiring an additional 33,902 shares during the period. iShares A.I. Innovation and Tech Active ETF makes up 1.7% of Cahill Financial Advisors Inc.’s holdings, making the stock its 16th largest position. Cahill Financial Advisors Inc. owned approximately 0.11% of iShares A.I. Innovation and Tech Active ETF worth $18,007,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Shah Wealth Advisors LLC bought a new stake in shares of iShares A.I. Innovation and Tech Active ETF in the 2nd quarter worth $20,622,000. Blue Edge Capital LLC acquired a new position in iShares A.I. Innovation and Tech Active ETF during the second quarter worth about $15,282,000. Nations Financial Group Inc. IA ADV acquired a new position in iShares A.I. Innovation and Tech Active ETF during the second quarter worth about $209,000. Wells Financial Advisors INC raised its position in iShares A.I. Innovation and Tech Active ETF by 87.0% in the second quarter. Wells Financial Advisors INC now owns 1,141 shares of the company’s stock worth $60,000 after acquiring an additional 531 shares in the last quarter. Finally, Vision Retirement LLC raised its position in iShares A.I. Innovation and Tech Active ETF by 17.3% in the second quarter. Vision Retirement LLC now owns 16,014 shares of the company’s stock worth $844,000 after acquiring an additional 2,363 shares in the last quarter.

iShares A.I. Innovation and Tech Active ETF Stock Performance

Shares of NYSEARCA:BAI opened at $45.33 on Thursday. iShares A.I. Innovation and Tech Active ETF has a one year low of $30.82 and a one year high of $54.46. The company has a market capitalization of $13.96 billion, a PE ratio of 45.43 and a beta of 2.38. The stock has a fifty day moving average of $44.50 and a 200-day moving average of $42.92.

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.