Platform Technology Partners Purchases New Position in iShares Future AI & Tech ETF $ARTY

Platform Technology Partners acquired a new position in shares of iShares Future AI & Tech ETF (NYSEARCA:ARTY) during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 11,690 shares of the company’s stock, valued at approximately $535,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in ARTY. AdvisorNet Financial Inc lifted its stake in shares of iShares Future AI & Tech ETF by 34.5% in the 3rd quarter. AdvisorNet Financial Inc now owns 936 shares of the company’s stock valued at $43,000 after purchasing an additional 240 shares during the last quarter. Cascade Investment Group Inc. raised its holdings in iShares Future AI & Tech ETF by 0.9% during the 2nd quarter. Cascade Investment Group Inc. now owns 28,902 shares of the company’s stock valued at $1,185,000 after buying an additional 250 shares during the period. CX Institutional lifted its position in iShares Future AI & Tech ETF by 1.5% in the third quarter. CX Institutional now owns 17,186 shares of the company’s stock worth $787,000 after buying an additional 261 shares during the last quarter. Consolidated Portfolio Review Corp boosted its stake in iShares Future AI & Tech ETF by 2.2% during the second quarter. Consolidated Portfolio Review Corp now owns 14,561 shares of the company’s stock worth $597,000 after buying an additional 318 shares during the period. Finally, Allworth Financial LP boosted its stake in iShares Future AI & Tech ETF by 19.2% during the second quarter. Allworth Financial LP now owns 2,287 shares of the company’s stock worth $94,000 after buying an additional 369 shares during the period.

iShares Future AI & Tech ETF Trading Up 1.2%

Shares of ARTY opened at $51.61 on Tuesday. The company’s fifty day simple moving average is $48.37 and its 200-day simple moving average is $46.11. The company has a market cap of $2.18 billion, a P/E ratio of 32.81 and a beta of 1.20. iShares Future AI & Tech ETF has a twelve month low of $26.31 and a twelve month high of $51.79.

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.