Global Retirement Partners LLC Acquires New Shares in iShares U.S. Tech Independence Focused ETF $IETC

Global Retirement Partners LLC bought a new position in shares of iShares U.S. Tech Independence Focused ETF (BATS:IETC) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 10,613 shares of the company’s stock, valued at approximately $998,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Kozak & Associates Inc. grew its holdings in shares of iShares U.S. Tech Independence Focused ETF by 0.5% during the 2nd quarter. Kozak & Associates Inc. now owns 682,461 shares of the company’s stock worth $65,209,000 after purchasing an additional 3,267 shares during the period. Jones Financial Companies Lllp acquired a new position in iShares U.S. Tech Independence Focused ETF in the first quarter valued at about $17,260,000. Beacon Harbor Wealth Advisors Inc. acquired a new position in iShares U.S. Tech Independence Focused ETF in the second quarter valued at about $12,150,000. Gradient Investments LLC boosted its stake in iShares U.S. Tech Independence Focused ETF by 16.3% during the second quarter. Gradient Investments LLC now owns 123,960 shares of the company’s stock worth $11,652,000 after buying an additional 17,410 shares during the period. Finally, JPMorgan Chase & Co. increased its position in shares of iShares U.S. Tech Independence Focused ETF by 228.2% during the second quarter. JPMorgan Chase & Co. now owns 103,959 shares of the company’s stock valued at $9,772,000 after acquiring an additional 72,280 shares during the last quarter.

iShares U.S. Tech Independence Focused ETF Stock Up 20.5%

Shares of BATS IETC opened at $101.22 on Friday. The business’s 50 day moving average is $102.57 and its two-hundred day moving average is $97.14. iShares U.S. Tech Independence Focused ETF has a 52-week low of $64.06 and a 52-week high of $98.03. The firm has a market cap of $728.77 million, a price-to-earnings 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.