iShares U.S. Tech Independence Focused ETF $IETC Shares Sold by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. lowered its position in iShares U.S. Tech Independence Focused ETF (BATS:IETC) by 30.7% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 140,751 shares of the company’s stock after selling 62,464 shares during the period. Mirae Asset Global Investments Co. Ltd. owned about 1.95% of iShares U.S. Tech Independence Focused ETF worth $13,231,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of IETC. Jones Financial Companies Lllp acquired a new position in shares of iShares U.S. Tech Independence Focused ETF in the first quarter worth about $17,260,000. Integrated Wealth Concepts LLC acquired a new position in shares of iShares U.S. Tech Independence Focused ETF during the 1st quarter worth about $5,647,000. Trek Financial LLC acquired a new position in shares of iShares U.S. Tech Independence Focused ETF during the 1st quarter worth about $3,400,000. LPL Financial LLC raised its position in shares of iShares U.S. Tech Independence Focused ETF by 60.2% during the 1st quarter. LPL Financial LLC now owns 58,279 shares of the company’s stock worth $4,367,000 after purchasing an additional 21,902 shares during the last quarter. Finally, Mattson Financial Services LLC acquired a new position in shares of iShares U.S. Tech Independence Focused ETF during the 1st quarter worth about $1,518,000.

iShares U.S. Tech Independence Focused ETF Stock Up 21.4%

IETC opened at $101.95 on Friday. iShares U.S. Tech Independence Focused ETF has a twelve month low of $64.06 and a twelve month high of $98.03. The company has a 50-day moving average price of $99.44 and a 200 day moving average price of $89.80. The company has a market cap of $734.01 million, a PE ratio of 37.47 and a beta of 1.18.

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.