Hoese & Co LLP Has $3.17 Million Stock Holdings in iShares U.S. Tech Independence Focused ETF $IETC

Hoese & Co LLP lifted its stake in shares of iShares U.S. Tech Independence Focused ETF (BATS:IETC) by 279.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 31,218 shares of the company’s stock after acquiring an additional 22,985 shares during the quarter. iShares U.S. Tech Independence Focused ETF makes up 2.3% of Hoese & Co LLP’s holdings, making the stock its 12th biggest holding. Hoese & Co LLP owned about 0.43% of iShares U.S. Tech Independence Focused ETF worth $3,171,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Gradient Investments LLC increased its position in iShares U.S. Tech Independence Focused ETF by 7.9% during the 4th quarter. Gradient Investments LLC now owns 673,735 shares of the company’s stock valued at $68,445,000 after purchasing an additional 49,147 shares during the period. JPMorgan Chase & Co. raised its holdings in iShares U.S. Tech Independence Focused ETF by 0.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 104,371 shares of the company’s stock worth $10,639,000 after purchasing an additional 412 shares during the last quarter. Apexium Financial LP lifted its position in shares of iShares U.S. Tech Independence Focused ETF by 33.2% in the 3rd quarter. Apexium Financial LP now owns 89,167 shares of the company’s stock worth $9,089,000 after purchasing an additional 22,235 shares during the period. Two Sigma Investments LP lifted its position in shares of iShares U.S. Tech Independence Focused ETF by 403.4% in the 3rd quarter. Two Sigma Investments LP now owns 88,100 shares of the company’s stock worth $8,980,000 after purchasing an additional 70,600 shares during the period. Finally, Raymond James Financial Inc. boosted its stake in shares of iShares U.S. Tech Independence Focused ETF by 0.9% in the 2nd quarter. Raymond James Financial Inc. now owns 85,517 shares of the company’s stock valued at $8,039,000 after purchasing an additional 788 shares during the last quarter.

iShares U.S. Tech Independence Focused ETF Stock Performance

BATS:IETC opened at $85.77 on Monday. iShares U.S. Tech Independence Focused ETF has a 52 week low of $64.06 and a 52 week high of $108.47. The firm’s fifty day moving average is $93.54 and its 200-day moving average is $99.35. The firm has a market cap of $617.54 million, a P/E ratio of 37.47 and a beta of 1.18.

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. 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.