First Trust Bloomberg Artificial Intelligence ETF (FAI) Price, Holdings, & News

ETF Overview

The First Trust Bloomberg Artificial Intelligence ETF (FAI) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a market cap-weighted index of companies in the artificial intelligence AI industry. It comprises the top 50 securities globally by revenue and themes assessments. FAI was launched on Nov 20, 2024 and is issued by First Trust.

Key Stats

• Today's Range: $31.45 to $31.73
• 50-Day Range: $23.86 to $31.93
• 52-Week Range: $22.92 to $34.37
• Volume: 502 shs
• Average Volume: 4,152 shs
• Market Capitalization: $9.44 million
• Assets Under Management: $9.51 million
• Dividend Yield: 0.03%
• Net Expense Ratio: 0.65%
• Aggregate Rating: Moderate Buy

FAI ETF - Frequently Asked Questions

How have FAI shares performed this year?

First Trust Bloomberg Artificial Intelligence ETF's stock was trading at $30.80 on January 1st, 2025. Since then, FAI stock has increased by 2.1% and is now trading at $31.45.
View the best growth stocks for 2025 here.

Who are First Trust Bloomberg Artificial Intelligence ETF's major shareholders?

First Trust Bloomberg Artificial Intelligence ETF's top institutional shareholders include Jane Street Group LLC (8.77%), Cetera Investment Advisers (4.90%) and Kingswood Wealth Advisors LLC (4.72%).

How do I buy shares of First Trust Bloomberg Artificial Intelligence ETF?

Shares of FAI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Fund Details

• Issuer: First Trust
• Fund Name: First Trust Bloomberg Artificial Intelligence ETF
• Tax Classification: Regulated Investment Company
• Stock Exchange: NYSEARCA
• Current Symbol: NYSEARCA:FAI
• Inception Date: 11/20/2024
• Fund Manager: Daniel Lindquist, Jon Erickson, David McGarel, Roger Testin, Stan Ueland, Chris Peterson, Erik Russo
• Web: N/A
• Phone: N/A

Fund Focus

• Asset Class: Equity
• Benchmark: Bloomberg Artificial Intelligence Index
• Category: Strategy
• Focus: Theme
• Development Level: Blended Development
• Region: Global
• Number of Holdings: 50

Fund Statistics

• Assets Under Management: $9.51 million
• Average Daily Volume: $0.00
• Discount/Premium: 0.05%

Administrator, Advisor and Custodian

• Administrator: The Bank of New York Mellon Corporation
• Advisor: First Trust Advisors L.P.
• Custodian: The Bank of New York Mellon Corporation
• Distributor: First Trust Portfolios L.P.
• Transfer Agent: The Bank of New York Mellon Corporation
• Trustee: N/A
• Lead Market Maker: RBC Capital Markets

Miscellaneous

• Outstanding Shares: 300,002
• Beta: N/A
• Creation Unit: 25,000