Shira Ridge Wealth Management Purchases 68,245 Shares of iShares Future AI & Tech ETF $ARTY

Shira Ridge Wealth Management raised its position in iShares Future AI & Tech ETF (NYSEARCA:ARTY) by 413.7% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 84,743 shares of the company’s stock after purchasing an additional 68,245 shares during the period. iShares Future AI & Tech ETF accounts for 1.6% of Shira Ridge Wealth Management’s holdings, making the stock its 16th biggest position. Shira Ridge Wealth Management’s holdings in iShares Future AI & Tech ETF were worth $4,083,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Wealth Management Associates Inc. purchased a new position in iShares Future AI & Tech ETF in the third quarter worth $918,000. CW Advisors LLC purchased a new stake in shares of iShares Future AI & Tech ETF during the 2nd quarter valued at $678,000. Osaic Holdings Inc. raised its stake in shares of iShares Future AI & Tech ETF by 111.3% during the 2nd quarter. Osaic Holdings Inc. now owns 230,740 shares of the company’s stock worth $9,321,000 after purchasing an additional 121,546 shares during the period. Trek Financial LLC raised its stake in shares of iShares Future AI & Tech ETF by 21.9% during the 2nd quarter. Trek Financial LLC now owns 124,878 shares of the company’s stock worth $5,120,000 after purchasing an additional 22,429 shares during the period. Finally, Synergy Asset Management LLC purchased a new position in shares of iShares Future AI & Tech ETF in the 3rd quarter worth about $2,505,000.

iShares Future AI & Tech ETF Stock Performance

ARTY opened at $48.48 on Wednesday. The firm has a market cap of $2.11 billion, a P/E ratio of 32.81 and a beta of 1.20. The firm has a 50-day moving average of $50.58 and a 200 day moving average of $48.75. iShares Future AI & Tech ETF has a fifty-two week low of $26.31 and a fifty-two week high of $54.79.

iShares Future AI & Tech ETF 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.