iShares A.I. Innovation and Tech Active ETF $BAI Position Lifted by JPMorgan Chase & Co.

JPMorgan Chase & Co. lifted its position in iShares A.I. Innovation and Tech Active ETF (NYSEARCA:BAI) by 117.8% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 8,576,103 shares of the company’s stock after acquiring an additional 4,637,810 shares during the quarter. JPMorgan Chase & Co. owned 4.15% of iShares A.I. Innovation and Tech Active ETF worth $292,960,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the company. Bank of New York Mellon Corp bought a new position in iShares A.I. Innovation and Tech Active ETF in the second quarter worth about $28,597,000. Strategic Blueprint LLC acquired a new stake in shares of iShares A.I. Innovation and Tech Active ETF during the 2nd quarter worth approximately $4,395,000. Tsfg LLC bought a new stake in shares of iShares A.I. Innovation and Tech Active ETF in the 2nd quarter worth approximately $3,994,000. Tidemark LLC boosted its position in iShares A.I. Innovation and Tech Active ETF by 186.5% during the 3rd quarter. Tidemark LLC now owns 200,204 shares of the company’s stock valued at $6,839,000 after purchasing an additional 130,335 shares during the period. Finally, Farther Finance Advisors LLC boosted its position in iShares A.I. Innovation and Tech Active ETF by 179.6% during the 3rd quarter. Farther Finance Advisors LLC now owns 201,801 shares of the company’s stock valued at $6,894,000 after purchasing an additional 129,614 shares during the period.

iShares A.I. Innovation and Tech Active ETF Stock Down 0.1%

Shares of NYSEARCA:BAI opened at $34.81 on Friday. The company’s 50-day moving average price is $34.18 and its 200 day moving average price is $34.00. The company has a market cap of $8.70 billion, a PE ratio of 45.43 and a beta of 2.60. iShares A.I. Innovation and Tech Active ETF has a fifty-two week low of $18.33 and a fifty-two week high of $38.04.

About iShares A.I. Innovation and Tech Active ETF

The iShares A.I. Innovation and Tech Active ETF (BAI) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed portfolio of global AI and technology equities across all market capitalizations. Holdings are selected using proprietary, fundamental research. BAI was launched on Oct 21, 2024 and is issued by BlackRock.