CX Institutional Buys 8,801 Shares of iShares Future AI & Tech ETF $ARTY

CX Institutional increased its position in shares of iShares Future AI & Tech ETF (NYSEARCA:ARTY) by 7.8% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 121,452 shares of the company’s stock after purchasing an additional 8,801 shares during the period. CX Institutional’s holdings in iShares Future AI & Tech ETF were worth $9,512,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. boosted its stake in iShares Future AI & Tech ETF by 27.1% during the 2nd quarter. Envestnet Asset Management Inc. now owns 139,001 shares of the company’s stock valued at $10,586,000 after purchasing an additional 29,635 shares in the last quarter. Tidal Investments LLC bought a new stake in shares of iShares Future AI & Tech ETF in the 2nd quarter worth $1,092,000. Gemmer Asset Management LLC raised its stake in shares of iShares Future AI & Tech ETF by 11.7% in the 2nd quarter. Gemmer Asset Management LLC now owns 36,462 shares of the company’s stock worth $2,777,000 after buying an additional 3,825 shares in the last quarter. Lotus Asset Management LLC bought a new stake in shares of iShares Future AI & Tech ETF in the 2nd quarter worth $397,000. Finally, Integrated Wealth Concepts LLC lifted its holdings in shares of iShares Future AI & Tech ETF by 22.5% in the second quarter. Integrated Wealth Concepts LLC now owns 18,395 shares of the company’s stock valued at $1,401,000 after buying an additional 3,375 shares during the period.

iShares Future AI & Tech ETF Trading Up 1.4%

ARTY stock traded up $1.12 during trading hours on Friday, hitting $80.24. 723,986 shares of the stock traded hands, compared to its average volume of 644,290. The stock has a 50-day simple moving average of $73.95 and a 200 day simple moving average of $67.89. The company has a market cap of $4.33 billion, a P/E ratio of 32.81 and a beta of 1.53. iShares Future AI & Tech ETF has a one year low of $43.26 and a one year high of $81.85.

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.