Moloney Securities Asset Management LLC Acquires 1,303 Shares of iShares U.S. Tech Independence Focused ETF (BATS:IETC)

Moloney Securities Asset Management LLC lifted its stake in iShares U.S. Tech Independence Focused ETF (BATS:IETC) by 20.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 7,551 shares of the company’s stock after buying an additional 1,303 shares during the period. Moloney Securities Asset Management LLC owned approximately 0.21% of iShares U.S. Tech Independence Focused ETF worth $644,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in IETC. Sanctuary Advisors LLC acquired a new position in iShares U.S. Tech Independence Focused ETF in the 2nd quarter valued at $289,000. Shira Ridge Wealth Management increased its position in shares of iShares U.S. Tech Independence Focused ETF by 15.9% in the third quarter. Shira Ridge Wealth Management now owns 21,992 shares of the company’s stock worth $1,724,000 after purchasing an additional 3,023 shares during the period. Kozak & Associates Inc. raised its stake in iShares U.S. Tech Independence Focused ETF by 1.4% in the third quarter. Kozak & Associates Inc. now owns 674,967 shares of the company’s stock valued at $54,321,000 after purchasing an additional 9,307 shares in the last quarter. Raymond James & Associates lifted its position in iShares U.S. Tech Independence Focused ETF by 5.4% during the third quarter. Raymond James & Associates now owns 73,403 shares of the company’s stock worth $5,753,000 after purchasing an additional 3,768 shares during the period. Finally, Mirae Asset Global Investments Co. Ltd. grew its stake in iShares U.S. Tech Independence Focused ETF by 13.2% during the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 233,125 shares of the company’s stock worth $18,247,000 after buying an additional 27,174 shares in the last quarter.

iShares U.S. Tech Independence Focused ETF Stock Up 5.3 %

Shares of BATS:IETC opened at $88.44 on Monday. The firm has a 50 day moving average price of $86.48 and a 200 day moving average price of $80.66. The firm has a market cap of $313.96 million, a PE ratio of 42.52 and a beta of 1.38.

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.