iShares U.S. Tech Independence Focused ETF (BATS:IETC) Stock Pass Above Two Hundred Day Moving Average – What’s Next?

iShares U.S. Tech Independence Focused ETF (BATS:IETC) shares crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $75.91 and traded as high as $82.97. iShares U.S. Tech Independence Focused ETF shares last traded at $82.37, with a volume of 17,981 shares traded.

iShares U.S. Tech Independence Focused ETF Price Performance

The business’s 50-day moving average is $80.14 and its two-hundred day moving average is $75.91. The firm has a market cap of $292.40 million, a P/E ratio of 42.52 and a beta of 1.38.

Hedge Funds Weigh In On iShares U.S. Tech Independence Focused ETF

Hedge funds have recently modified their holdings of the stock. Kozak & Associates Inc. raised its holdings in iShares U.S. Tech Independence Focused ETF by 1.4% during the third quarter. Kozak & Associates Inc. now owns 674,967 shares of the company’s stock worth $54,321,000 after acquiring an additional 9,307 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. raised its stake in shares of iShares U.S. Tech Independence Focused ETF by 13.2% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 233,125 shares of the company’s stock worth $18,247,000 after purchasing an additional 27,174 shares in the last quarter. MML Investors Services LLC raised its stake in shares of iShares U.S. Tech Independence Focused ETF by 6.0% during the 3rd quarter. MML Investors Services LLC now owns 92,267 shares of the company’s stock worth $7,231,000 after purchasing an additional 5,204 shares in the last quarter. Raymond James & Associates boosted its holdings in shares of iShares U.S. Tech Independence Focused ETF by 5.4% in the 3rd quarter. Raymond James & Associates now owns 73,403 shares of the company’s stock valued at $5,753,000 after buying an additional 3,768 shares during the last quarter. Finally, Shira Ridge Wealth Management grew its stake 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 valued at $1,724,000 after buying an additional 3,023 shares in the last quarter.

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.