Global Retirement Partners LLC Acquires 4,984 Shares of iShares U.S. Tech Independence Focused ETF $IETC

Global Retirement Partners LLC boosted its stake in shares of iShares U.S. Tech Independence Focused ETF (BATS:IETC) by 47.0% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 15,597 shares of the company’s stock after purchasing an additional 4,984 shares during the quarter. Global Retirement Partners LLC’s holdings in iShares U.S. Tech Independence Focused ETF were worth $1,590,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Steward Partners Investment Advisory LLC acquired a new stake in shares of iShares U.S. Tech Independence Focused ETF during the 2nd quarter worth about $25,000. Sound Income Strategies LLC lifted its position in iShares U.S. Tech Independence Focused ETF by 68.8% during the third quarter. Sound Income Strategies LLC now owns 297 shares of the company’s stock worth $31,000 after acquiring an additional 121 shares during the last quarter. Nova Wealth Management Inc. bought a new stake in shares of iShares U.S. Tech Independence Focused ETF during the first quarter worth approximately $71,000. Hoese & Co LLP bought a new stake in shares of iShares U.S. Tech Independence Focused ETF during the second quarter worth approximately $110,000. Finally, Vestor Capital LLC acquired a new position in shares of iShares U.S. Tech Independence Focused ETF in the second quarter valued at approximately $191,000.

iShares U.S. Tech Independence Focused ETF Trading Up 22.4%

Shares of BATS IETC opened at $102.82 on Wednesday. The firm has a market cap of $740.30 million, a P/E ratio of 37.47 and a beta of 1.18. The business’s 50 day moving average is $102.44 and its 200-day moving average is $100.12. iShares U.S. Tech Independence Focused ETF has a 1-year low of $64.06 and a 1-year high of $98.03.

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.