Mattson Financial Services LLC purchased a new position in shares of iShares U.S. Tech Independence Focused ETF (BATS:IETC – Free Report) during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 20,253 shares of the company’s stock, valued at approximately $1,518,000.
A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Moloney Securities Asset Management LLC increased its position in iShares U.S. Tech Independence Focused ETF by 2.4% in the 1st quarter. Moloney Securities Asset Management LLC now owns 7,735 shares of the company’s stock valued at $580,000 after acquiring an additional 184 shares during the period. McIlrath & Eck LLC bought a new stake in shares of iShares U.S. Tech Independence Focused ETF during the 4th quarter worth $25,000. Cetera Investment Advisers boosted its stake in shares of iShares U.S. Tech Independence Focused ETF by 10.7% during the 1st quarter. Cetera Investment Advisers now owns 3,261 shares of the company’s stock worth $244,000 after acquiring an additional 315 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in shares of iShares U.S. Tech Independence Focused ETF by 27.3% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 5,437 shares of the company’s stock worth $407,000 after acquiring an additional 1,165 shares in the last quarter. Finally, Royal Bank of Canada boosted its stake in shares of iShares U.S. Tech Independence Focused ETF by 32.7% during the 1st quarter. Royal Bank of Canada now owns 5,535 shares of the company’s stock worth $415,000 after acquiring an additional 1,365 shares in the last quarter.
iShares U.S. Tech Independence Focused ETF Stock Up 21.8%
IETC opened at $102.31 on Thursday. The firm has a market cap of $736.65 million, a PE ratio of 37.47 and a beta of 1.18. The business has a fifty day simple moving average of $97.27 and a 200-day simple moving average of $87.06. iShares U.S. Tech Independence Focused ETF has a fifty-two week low of $64.06 and a fifty-two week high of $98.03.
iShares U.S. Tech Independence Focused ETF Profile
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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