Vestor Capital LLC raised its stake in shares of iShares U.S. Tech Independence Focused ETF (BATS:IETC – Free Report) by 2,204.8% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 11,086 shares of the company’s stock after acquiring an additional 10,605 shares during the period. Vestor Capital LLC owned approximately 0.15% of iShares U.S. Tech Independence Focused ETF worth $980,000 as of its most recent SEC filing.
Other large investors have also recently made changes to their positions in the company. Royal Bank of Canada increased its holdings in iShares U.S. Tech Independence Focused ETF by 84.7% in the 1st quarter. Royal Bank of Canada now owns 40,924 shares of the company’s stock valued at $3,617,000 after purchasing an additional 18,763 shares during the last quarter. Liberty One Investment Management LLC acquired a new position in iShares U.S. Tech Independence Focused ETF during the first quarter worth $1,660,000. Cetera Investment Advisers boosted its position in shares of iShares U.S. Tech Independence Focused ETF by 9.9% during the first quarter. Cetera Investment Advisers now owns 8,133 shares of the company’s stock worth $719,000 after buying an additional 733 shares during the period. Sigma Planning Corp boosted its position in shares of iShares U.S. Tech Independence Focused ETF by 10.0% during the first quarter. Sigma Planning Corp now owns 13,592 shares of the company’s stock worth $1,201,000 after buying an additional 1,241 shares during the period. Finally, Oakwell Private Wealth Management LLC grew its stake in shares of iShares U.S. Tech Independence Focused ETF by 101.3% in the first quarter. Oakwell Private Wealth Management LLC now owns 52,534 shares of the company’s stock valued at $4,643,000 after buying an additional 26,434 shares in the last quarter.
iShares U.S. Tech Independence Focused ETF Trading Up 4.2%
IETC stock opened at $101.26 on Friday. The company has a market capitalization of $729.07 million, a PE ratio of 37.47 and a beta of 1.18. iShares U.S. Tech Independence Focused ETF has a 12-month low of $84.32 and a 12-month high of $118.70. The business’s fifty day moving average price is $106.47 and its 200 day moving average price is $100.01.
iShares U.S. Tech Independence Focused ETF Company 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. The market cap-weighted fund targets an increased exposure to firms with high Technology Independence Score. IETC was launched on Mar 21, 2018 and is managed by BlackRock.
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