The ARTY ETF tracks a basket of companies recognized as digital disruptors in areas like artificial intelligence. The fund recently changed the official name and ticker with a new tracking benchmark. The new market-cap weighting methodology marks a shift towards a more concentrated mega-cap tech exposure.
For investors seeking momentum, iShares Future AI & Tech ETF ARTY is probably on the radar. The fund just hit a 52-week high and is up 28.52% from its 52-week low price of $28.23/share.