Tidemark LLC Increases Stock Position in iShares A.I. Innovation and Tech Active ETF $BAI

Tidemark LLC lifted its position in shares of iShares A.I. Innovation and Tech Active ETF (NYSEARCA:BAI) by 186.5% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 200,204 shares of the company’s stock after purchasing an additional 130,335 shares during the period. iShares A.I. Innovation and Tech Active ETF accounts for about 2.0% of Tidemark LLC’s holdings, making the stock its 17th biggest position. Tidemark LLC’s holdings in iShares A.I. Innovation and Tech Active ETF were worth $6,839,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. JPMorgan Chase & Co. grew its stake in iShares A.I. Innovation and Tech Active ETF by 3,613,012.8% in the 2nd quarter. JPMorgan Chase & Co. now owns 3,938,293 shares of the company’s stock valued at $113,620,000 after purchasing an additional 3,938,184 shares during the period. Bank of New York Mellon Corp bought a new stake in shares of iShares A.I. Innovation and Tech Active ETF during the 2nd quarter valued at $28,597,000. Janney Montgomery Scott LLC purchased a new stake in iShares A.I. Innovation and Tech Active ETF during the 2nd quarter worth about $23,996,000. Strategic Blueprint LLC purchased a new stake in iShares A.I. Innovation and Tech Active ETF during the 2nd quarter worth about $4,395,000. Finally, Tsfg LLC bought a new position in iShares A.I. Innovation and Tech Active ETF in the 2nd quarter worth about $3,994,000.

iShares A.I. Innovation and Tech Active ETF Stock Up 1.8%

BAI stock opened at $36.07 on Thursday. The stock has a 50-day simple moving average of $34.15 and a two-hundred day simple moving average of $33.55. iShares A.I. Innovation and Tech Active ETF has a twelve month low of $18.33 and a twelve month high of $38.04. The firm has a market capitalization of $8.86 billion, a PE ratio of 45.43 and a beta of 2.60.

iShares A.I. Innovation and Tech Active ETF Profile

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.