Western Wealth Management LLC grew its holdings in iShares A.I. Innovation and Tech Active ETF (NYSEARCA:BAI – Free Report) by 375.9% in the fourth quarter, Holdings Channel.com reports. The firm owned 50,127 shares of the company’s stock after purchasing an additional 39,593 shares during the period. Western Wealth Management LLC’s holdings in iShares A.I. Innovation and Tech Active ETF were worth $1,669,000 as of its most recent SEC filing.
A number of other hedge funds also recently modified their holdings of the business. JPMorgan Chase & Co. lifted its holdings in shares of iShares A.I. Innovation and Tech Active ETF by 117.8% in the third quarter. JPMorgan Chase & Co. now owns 8,576,103 shares of the company’s stock valued at $292,960,000 after purchasing an additional 4,637,810 shares in the last quarter. Ameriprise Financial Inc. acquired a new position in shares of iShares A.I. Innovation and Tech Active ETF in the third quarter worth $92,637,000. NewEdge Advisors LLC increased its stake in shares of iShares A.I. Innovation and Tech Active ETF by 162.3% in the third quarter. NewEdge Advisors LLC now owns 2,682,911 shares of the company’s stock worth $91,648,000 after acquiring an additional 1,660,253 shares during the last quarter. United Capital Financial Advisors LLC increased its stake in shares of iShares A.I. Innovation and Tech Active ETF by 157.4% in the third quarter. United Capital Financial Advisors LLC now owns 1,437,706 shares of the company’s stock worth $49,112,000 after acquiring an additional 879,220 shares during the last quarter. Finally, Integrated Wealth Concepts LLC increased its stake in shares of iShares A.I. Innovation and Tech Active ETF by 74.5% in the third quarter. Integrated Wealth Concepts LLC now owns 480,622 shares of the company’s stock worth $16,418,000 after acquiring an additional 205,155 shares during the last quarter.
iShares A.I. Innovation and Tech Active ETF Trading Up 0.5%
NYSEARCA BAI opened at $48.64 on Friday. iShares A.I. Innovation and Tech Active ETF has a 1-year low of $25.17 and a 1-year high of $48.80. The company has a market capitalization of $15.10 billion, a PE ratio of 45.43 and a beta of 2.28. The firm’s fifty day simple moving average is $38.15 and its 200-day simple moving average is $35.82.
iShares A.I. Innovation and Tech Active ETF Company 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.
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