Steelhead Wealth Management LLC Makes New Investment in iShares Future AI & Tech ETF $ARTY

Steelhead Wealth Management LLC purchased a new stake in iShares Future AI & Tech ETF (NYSEARCA:ARTY) during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 57,693 shares of the company’s stock, valued at approximately $2,684,000. iShares Future AI & Tech ETF accounts for 1.4% of Steelhead Wealth Management LLC’s investment portfolio, making the stock its 16th biggest holding. Steelhead Wealth Management LLC owned about 0.12% of iShares Future AI & Tech ETF as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Riverbend Wealth Management LLC boosted its position in shares of iShares Future AI & Tech ETF by 4.2% during the first quarter. Riverbend Wealth Management LLC now owns 4,416 shares of the company’s stock worth $205,000 after buying an additional 179 shares during the period. CoreCap Advisors LLC increased its position in iShares Future AI & Tech ETF by 61.8% in the 4th quarter. CoreCap Advisors LLC now owns 571 shares of the company’s stock valued at $28,000 after acquiring an additional 218 shares during the period. Blue Trust Inc. raised its stake in iShares Future AI & Tech ETF by 43.3% during the 1st quarter. Blue Trust Inc. now owns 725 shares of the company’s stock valued at $34,000 after acquiring an additional 219 shares in the last quarter. AdvisorNet Financial Inc raised its stake in iShares Future AI & Tech ETF by 23.1% during the 1st quarter. AdvisorNet Financial Inc now owns 1,281 shares of the company’s stock valued at $60,000 after acquiring an additional 240 shares in the last quarter. Finally, WCG Wealth Advisors LLC boosted its position in iShares Future AI & Tech ETF by 2.1% during the 3rd quarter. WCG Wealth Advisors LLC now owns 12,156 shares of the company’s stock worth $557,000 after acquiring an additional 248 shares during the period.

iShares Future AI & Tech ETF Stock Performance

Shares of ARTY stock opened at $66.65 on Monday. iShares Future AI & Tech ETF has a 1 year low of $40.56 and a 1 year high of $81.85. The firm has a market capitalization of $3.49 billion, a PE ratio of 32.81 and a beta of 1.49. The stock has a fifty day moving average of $71.92 and a two-hundred day moving average of $60.35.

iShares Future AI & Tech ETF Company Profile

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.