iShares Future AI & Tech ETF (NYSEARCA:ARTY) Sees Large Volume Increase – Here’s What Happened

iShares Future AI & Tech ETF (NYSEARCA:ARTY) shares saw an uptick in trading volume on Thursday . 237,604 shares were traded during trading, an increase of 24% from the previous session’s volume of 191,345 shares.The stock last traded at $30.47 and had previously closed at $32.22.

iShares Future AI & Tech ETF Trading Down 5.6 %

The business has a 50 day moving average price of $36.61 and a 200-day moving average price of $36.49. The firm has a market capitalization of $739.88 million, a PE ratio of 31.44 and a beta of 1.12.

Institutional Trading of iShares Future AI & Tech ETF

Several hedge funds and other institutional investors have recently made changes to their positions in ARTY. Vermillion Wealth Management Inc. acquired a new position in iShares Future AI & Tech ETF during the fourth quarter worth about $39,000. Continuum Advisory LLC purchased a new stake in shares of iShares Future AI & Tech ETF in the 4th quarter worth about $44,000. Sunbelt Securities Inc. acquired a new stake in shares of iShares Future AI & Tech ETF in the fourth quarter valued at approximately $76,000. Glass Jacobson Investment Advisors llc acquired a new stake in iShares Future AI & Tech ETF during the 1st quarter valued at $398,000. Finally, WCG Wealth Advisors LLC acquired a new stake in shares of iShares Future AI & Tech ETF during the fourth quarter valued at $461,000.

iShares Future AI & Tech ETF Company Profile

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.