RPS Advisory Solutions LLC Buys Shares of 19,102 First Trust Bloomberg Artificial Intelligence ETF $FAI

RPS Advisory Solutions LLC bought a new stake in shares of First Trust Bloomberg Artificial Intelligence ETF (NYSEARCA:FAI) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 19,102 shares of the company’s stock, valued at approximately $785,000.

Other large investors have also recently bought and sold shares of the company. Cetera Investment Advisers increased its stake in First Trust Bloomberg Artificial Intelligence ETF by 28.4% during the 2nd quarter. Cetera Investment Advisers now owns 18,865 shares of the company’s stock valued at $665,000 after buying an additional 4,175 shares during the period. Osaic Holdings Inc. increased its stake in First Trust Bloomberg Artificial Intelligence ETF by 517.3% during the 2nd quarter. Osaic Holdings Inc. now owns 10,907 shares of the company’s stock valued at $384,000 after buying an additional 9,140 shares during the period. Jane Street Group LLC acquired a new position in First Trust Bloomberg Artificial Intelligence ETF during the 1st quarter valued at about $709,000. Envestnet Asset Management Inc. acquired a new position in First Trust Bloomberg Artificial Intelligence ETF during the 3rd quarter valued at about $219,000. Finally, Advisory Services Network LLC acquired a new position in First Trust Bloomberg Artificial Intelligence ETF during the 3rd quarter valued at about $88,000.

First Trust Bloomberg Artificial Intelligence ETF Trading Down 0.9%

First Trust Bloomberg Artificial Intelligence ETF stock opened at $49.22 on Wednesday. The stock has a market cap of $51.68 million, a price-to-earnings ratio of 33.52 and a beta of 1.92. The company’s 50-day moving average price is $42.63 and its two-hundred day moving average price is $41.52. First Trust Bloomberg Artificial Intelligence ETF has a 52 week low of $30.98 and a 52 week high of $51.35.

About First Trust Bloomberg Artificial Intelligence ETF

The First Trust Bloomberg Artificial Intelligence ETF (FAI) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a market cap-weighted index of companies in the artificial intelligence AI industry. It comprises the top 50 securities globally by revenue and themes assessments. FAI was launched on Nov 20, 2024 and is issued by First Trust.