RMR Wealth Builders acquired a new stake in shares of iShares U.S. Tech Independence Focused ETF (BATS:IETC – Free Report) in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 8,427 shares of the company’s stock, valued at approximately $632,000.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Kozak & Associates Inc. boosted its position in iShares U.S. Tech Independence Focused ETF by 2.5% in the first quarter. Kozak & Associates Inc. now owns 679,194 shares of the company’s stock worth $50,254,000 after purchasing an additional 16,405 shares during the last quarter. Gradient Investments LLC purchased a new position in shares of iShares U.S. Tech Independence Focused ETF in the first quarter worth approximately $7,985,000. MML Investors Services LLC boosted its holdings in shares of iShares U.S. Tech Independence Focused ETF by 10.2% in the fourth quarter. MML Investors Services LLC now owns 101,639 shares of the company’s stock worth $8,672,000 after buying an additional 9,372 shares during the last quarter. Raymond James Financial Inc. bought a new stake in iShares U.S. Tech Independence Focused ETF during the fourth quarter valued at approximately $6,985,000. Finally, Atria Wealth Solutions Inc. increased its holdings in iShares U.S. Tech Independence Focused ETF by 405.0% during the fourth quarter. Atria Wealth Solutions Inc. now owns 70,007 shares of the company’s stock valued at $5,973,000 after buying an additional 56,145 shares during the last quarter.
iShares U.S. Tech Independence Focused ETF Trading Up 6.5%
IETC opened at $89.44 on Friday. The firm’s 50 day simple moving average is $81.85 and its two-hundred day simple moving average is $82.98. The company has a market capitalization of $608.19 million, a PE ratio of 38.85 and a beta of 1.17. iShares U.S. Tech Independence Focused ETF has a 1-year low of $64.06 and a 1-year high of $90.80.
About iShares U.S. Tech Independence Focused ETF
The iShares Evolved U.S. Technology ETF (IETC) is an exchange-traded fund that is based on the MSCI USA IMI Information Technology index. The fund is an actively managed fund of US stocks in the information technology sector according to an alternative classification system defined by machine learning algorithms.
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