iShares Future AI & Tech ETF (NYSEARCA:ARTY) Sees Unusually-High Trading Volume – Should You Buy?

Shares of iShares Future AI & Tech ETF (NYSEARCA:ARTY) saw unusually-strong trading volume on Wednesday . Approximately 367,919 shares traded hands during trading, an increase of 9% from the previous session’s volume of 337,146 shares.The stock last traded at $33.77 and had previously closed at $34.65.

iShares Future AI & Tech ETF Stock Performance

The company has a market cap of $794.13 million, a PE ratio of 31.44 and a beta of 1.12. The company’s 50 day moving average price is $37.23 and its 200-day moving average price is $36.49.

Institutional Trading of iShares Future AI & Tech ETF

Large investors have recently bought and sold shares of the company. Vermillion Wealth Management Inc. purchased a new position in shares of iShares Future AI & Tech ETF during the 4th quarter valued at $39,000. Continuum Advisory LLC bought a new stake in iShares Future AI & Tech ETF in the 4th quarter valued at about $44,000. Sunbelt Securities Inc. purchased a new stake in iShares Future AI & Tech ETF during the fourth quarter valued at about $76,000. WCG Wealth Advisors LLC bought a new position in iShares Future AI & Tech ETF during the fourth quarter worth about $461,000. Finally, Wolf Group Capital Advisors purchased a new position in shares of iShares Future AI & Tech ETF in the fourth quarter worth about $484,000.

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.