First Trust Bloomberg Artificial Intelligence ETF $FAI Shares Bought by Kingswood Wealth Advisors LLC

Kingswood Wealth Advisors LLC boosted its holdings in shares of First Trust Bloomberg Artificial Intelligence ETF (NYSEARCA:FAI) by 8.5% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 15,370 shares of the company’s stock after acquiring an additional 1,204 shares during the quarter. Kingswood Wealth Advisors LLC owned about 3.42% of First Trust Bloomberg Artificial Intelligence ETF worth $541,000 at the end of the most recent quarter.

Separately, Jane Street Group LLC acquired a new stake in shares of First Trust Bloomberg Artificial Intelligence ETF in the first quarter valued at $709,000.

First Trust Bloomberg Artificial Intelligence ETF Trading Up 0.1%

Shares of NYSEARCA FAI opened at $41.39 on Friday. First Trust Bloomberg Artificial Intelligence ETF has a twelve month low of $22.92 and a twelve month high of $43.84. The stock has a fifty day simple moving average of $38.21 and a 200-day simple moving average of $33.69. The stock has a market capitalization of $26.90 million and a PE ratio of 33.52.

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.