Commonwealth Equity Services LLC Has $729,000 Position in iShares U.S. Tech Independence Focused ETF (BATS:IETC)

Commonwealth Equity Services LLC boosted its holdings in iShares U.S. Tech Independence Focused ETF (BATS:IETC) by 3.6% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 9,691 shares of the company’s stock after acquiring an additional 336 shares during the period. Commonwealth Equity Services LLC owned 0.27% of iShares U.S. Tech Independence Focused ETF worth $729,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of IETC. Richardson Capital Management LLC bought a new position in iShares U.S. Tech Independence Focused ETF in the first quarter valued at about $54,000. YHB Investment Advisors Inc. acquired a new stake in iShares U.S. Tech Independence Focused ETF during the first quarter worth approximately $69,000. Montag A & Associates Inc. bought a new stake in shares of iShares U.S. Tech Independence Focused ETF in the 1st quarter valued at $204,000. Haverford Trust Co acquired a new position in shares of iShares U.S. Tech Independence Focused ETF during the first quarter valued at about $221,000. Finally, Financial Perspectives Inc grew its stake in iShares U.S. Tech Independence Focused ETF by 10.0% in the first quarter. Financial Perspectives Inc now owns 10,126 shares of the company’s stock valued at $717,000 after acquiring an additional 922 shares during the period.

iShares U.S. Tech Independence Focused ETF Trading Down 0.5 %

Shares of BATS:IETC opened at $76.04 on Thursday. The company’s fifty day moving average is $74.18 and its two-hundred day moving average is $72.22. The company has a market cap of $269.94 million, a PE ratio of 42.52 and a beta of 1.38.

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.