Integrated Wealth Concepts LLC Raises Stock Position in iShares A.I. Innovation and Tech Active ETF $BAI

Integrated Wealth Concepts LLC grew its stake in iShares A.I. Innovation and Tech Active ETF (NYSEARCA:BAI) by 74.5% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 480,622 shares of the company’s stock after purchasing an additional 205,155 shares during the quarter. Integrated Wealth Concepts LLC owned about 0.23% of iShares A.I. Innovation and Tech Active ETF worth $16,418,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Harbor Investment Advisory LLC increased its position in shares of iShares A.I. Innovation and Tech Active ETF by 89.5% during the third quarter. Harbor Investment Advisory LLC now owns 1,681 shares of the company’s stock valued at $57,000 after buying an additional 794 shares during the period. AdvisorNet Financial Inc raised its stake in iShares A.I. Innovation and Tech Active ETF by 147.3% in the third quarter. AdvisorNet Financial Inc now owns 2,213 shares of the company’s stock worth $76,000 after buying an additional 1,318 shares in the last quarter. EverSource Wealth Advisors LLC purchased a new stake in iShares A.I. Innovation and Tech Active ETF in the second quarter worth about $119,000. Financial Management Professionals Inc. lifted its holdings in iShares A.I. Innovation and Tech Active ETF by 462.4% in the third quarter. Financial Management Professionals Inc. now owns 5,382 shares of the company’s stock worth $184,000 after buying an additional 4,425 shares during the period. Finally, Crowley Wealth Management Inc. boosted its position in iShares A.I. Innovation and Tech Active ETF by 55.2% during the 3rd quarter. Crowley Wealth Management Inc. now owns 7,295 shares of the company’s stock valued at $249,000 after acquiring an additional 2,595 shares in the last quarter.

iShares A.I. Innovation and Tech Active ETF Stock Performance

BAI stock opened at $34.09 on Tuesday. 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. The business’s 50 day moving average price is $34.49 and its two-hundred day moving average price is $34.39. The company has a market capitalization of $8.52 billion, a price-to-earnings ratio of 45.43 and a beta of 2.60.

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.