iShares Future AI & Tech ETF $ARTY Stock: Gemmer Asset Management LLC Raises Holdings

Gemmer Asset Management LLC boosted its stake in iShares Future AI & Tech ETF (NYSEARCA:ARTY) by 22.8% during the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 44,779 shares of the company’s stock after buying an additional 8,317 shares during the quarter. Gemmer Asset Management LLC owned approximately 0.08% of iShares Future AI & Tech ETF worth $3,507,000 as of its most recent filing with the SEC.

A number of other large investors have also recently bought and sold shares of the stock. Compass Financial Management LLC purchased a new position in iShares Future AI & Tech ETF during the second quarter worth $25,000. Go Invest LLC purchased a new stake in shares of iShares Future AI & Tech ETF in the third quarter valued at $41,000. Strengthening Families & Communities LLC lifted its position in shares of iShares Future AI & Tech ETF by 89.9% in the second quarter. Strengthening Families & Communities LLC now owns 566 shares of the company’s stock valued at $43,000 after acquiring an additional 268 shares in the last quarter. Blue Trust Inc. lifted its position in shares of iShares Future AI & Tech ETF by 43.3% in the first quarter. Blue Trust Inc. now owns 725 shares of the company’s stock valued at $34,000 after acquiring an additional 219 shares in the last quarter. Finally, AdvisorNet Financial Inc lifted its position in shares of iShares Future AI & Tech ETF by 23.1% in the first quarter. AdvisorNet Financial Inc now owns 1,281 shares of the company’s stock valued at $60,000 after acquiring an additional 240 shares in the last quarter.

iShares Future AI & Tech ETF Stock Down 4.5%

ARTY opened at $69.58 on Friday. The firm has a market cap of $3.75 billion, a P/E ratio of 32.81 and a beta of 1.53. iShares Future AI & Tech ETF has a 52 week low of $43.26 and a 52 week high of $81.97. The business’s fifty day simple moving average is $75.97 and its 200 day simple moving average is $69.96.

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.