Commonwealth Equity Services LLC Reduces Stock Position in iShares Future AI & Tech ETF $ARTY

Commonwealth Equity Services LLC lessened its stake in shares of iShares Future AI & Tech ETF (NYSEARCA:ARTY) by 9.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 87,002 shares of the company’s stock after selling 9,119 shares during the quarter. Commonwealth Equity Services LLC’s holdings in iShares Future AI & Tech ETF were worth $4,192,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Nemes Rush Group LLC increased its position in iShares Future AI & Tech ETF by 333.3% during the 4th quarter. Nemes Rush Group LLC now owns 533 shares of the company’s stock worth $26,000 after purchasing an additional 410 shares in the last quarter. MMA Asset Management LLC acquired a new stake in iShares Future AI & Tech ETF in the 3rd quarter worth about $25,000. CoreCap Advisors LLC boosted its stake in iShares Future AI & Tech ETF by 61.8% in the 4th quarter. CoreCap Advisors LLC now owns 571 shares of the company’s stock worth $28,000 after buying an additional 218 shares during the last quarter. Saranac Partners Ltd acquired a new stake in iShares Future AI & Tech ETF in the 3rd quarter worth about $33,000. Finally, Aptus Capital Advisors LLC boosted its stake in iShares Future AI & Tech ETF by 73.2% in the 3rd quarter. Aptus Capital Advisors LLC now owns 776 shares of the company’s stock worth $36,000 after buying an additional 328 shares during the last quarter.

iShares Future AI & Tech ETF Stock Performance

Shares of NYSEARCA:ARTY opened at $70.63 on Monday. The stock’s 50-day moving average price is $61.81 and its two-hundred day moving average price is $53.84. iShares Future AI & Tech ETF has a 12-month low of $37.78 and a 12-month high of $81.85. The firm has a market cap of $3.26 billion, a price-to-earnings ratio of 32.81 and a beta of 1.50.

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.