Wealth Management Partners LLC Has $2.87 Million Stake in iShares Future AI & Tech ETF $ARTY

Wealth Management Partners LLC grew its stake in shares of iShares Future AI & Tech ETF (NYSEARCA:ARTY) by 18.8% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 61,658 shares of the company’s stock after buying an additional 9,772 shares during the period. Wealth Management Partners LLC’s holdings in iShares Future AI & Tech ETF were worth $2,869,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Morgan Stanley raised its position in shares of iShares Future AI & Tech ETF by 9.9% in the 4th quarter. Morgan Stanley now owns 2,610,430 shares of the company’s stock valued at $125,771,000 after acquiring an additional 234,478 shares during the period. Northwestern Mutual Wealth Management Co. grew its holdings in iShares Future AI & Tech ETF by 73.6% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 2,094,259 shares of the company’s stock valued at $100,901,000 after purchasing an additional 888,045 shares during the period. Ameriprise Financial Inc. increased its stake in iShares Future AI & Tech ETF by 85.1% in the third quarter. Ameriprise Financial Inc. now owns 1,324,334 shares of the company’s stock valued at $60,639,000 after purchasing an additional 608,816 shares in the last quarter. Bank of America Corp DE increased its stake in iShares Future AI & Tech ETF by 35.9% in the third quarter. Bank of America Corp DE now owns 1,155,924 shares of the company’s stock valued at $52,918,000 after purchasing an additional 305,380 shares in the last quarter. Finally, LPL Financial LLC raised its holdings in iShares Future AI & Tech ETF by 13.4% in the fourth quarter. LPL Financial LLC now owns 1,112,697 shares of the company’s stock worth $53,610,000 after purchasing an additional 131,297 shares during the period.

iShares Future AI & Tech ETF Stock Performance

ARTY opened at $74.42 on Wednesday. The firm’s fifty day moving average is $68.27 and its two-hundred day moving average is $56.25. The firm has a market cap of $3.44 billion, a PE ratio of 32.81 and a beta of 1.50. iShares Future AI & Tech ETF has a twelve month low of $39.05 and a twelve month high of $81.85.

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.