Cambridge Investment Research Advisors Inc. Has $810,000 Holdings in iShares U.S. Tech Independence Focused ETF (BATS:IETC)

Cambridge Investment Research Advisors Inc. trimmed its holdings in iShares U.S. Tech Independence Focused ETF (BATS:IETC – Get Rating) by 5.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 19,867 shares of the company’s stock after selling 1,051 shares during the period. Cambridge Investment Research Advisors Inc.’s holdings in iShares U.S. Tech Independence Focused ETF were worth $810,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in IETC. Bank of Montreal Can acquired a new stake in iShares U.S. Tech Independence Focused ETF during the 3rd quarter valued at $4,971,000. Royal Bank of Canada grew its stake in iShares U.S. Tech Independence Focused ETF by 1,544.6% in the 1st quarter. Royal Bank of Canada now owns 53,630 shares of the company’s stock valued at $2,959,000 after buying an additional 50,369 shares during the last quarter. Citadel Advisors LLC raised its holdings in iShares U.S. Tech Independence Focused ETF by 81.0% in the 2nd quarter. Citadel Advisors LLC now owns 42,444 shares of the company’s stock valued at $1,795,000 after acquiring an additional 18,997 shares during the period. Raymond James & Associates acquired a new stake in iShares U.S. Tech Independence Focused ETF during the third quarter worth approximately $1,136,000. Finally, Atria Wealth Solutions Inc. bought a new stake in shares of iShares U.S. Tech Independence Focused ETF during the first quarter worth approximately $1,120,000.

iShares U.S. Tech Independence Focused ETF Stock Performance

Shares of BATS IETC opened at $49.51 on Monday. The company has a market capitalization of $133.69 million, a price-to-earnings ratio of 22.83 and a beta of 1.12. The business’s fifty day moving average price is $46.43 and its 200 day moving average price is $44.01.

iShares U.S. Tech Independence Focused ETF Company Profile

(Get Rating)

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.