LPL Financial LLC Raises Position in iShares U.S. Tech Independence Focused ETF (BATS:IETC)

LPL Financial LLC boosted its position in iShares U.S. Tech Independence Focused ETF (BATS:IETC) by 60.2% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 58,279 shares of the company’s stock after acquiring an additional 21,902 shares during the period. LPL Financial LLC owned 1.04% of iShares U.S. Tech Independence Focused ETF worth $4,367,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Moloney Securities Asset Management LLC raised its holdings in iShares U.S. Tech Independence Focused ETF by 2.4% in the first quarter. Moloney Securities Asset Management LLC now owns 7,735 shares of the company’s stock worth $580,000 after buying an additional 184 shares during the last quarter. McIlrath & Eck LLC bought a new position in shares of iShares U.S. Tech Independence Focused ETF in the fourth quarter worth approximately $25,000. Cetera Investment Advisers lifted its holdings in shares of iShares U.S. Tech Independence Focused ETF by 10.7% in the first quarter. Cetera Investment Advisers now owns 3,261 shares of the company’s stock worth $244,000 after buying an additional 315 shares in the last quarter. Sutton Place Investors LLC lifted its holdings in shares of iShares U.S. Tech Independence Focused ETF by 8.7% in the first quarter. Sutton Place Investors LLC now owns 27,375 shares of the company’s stock worth $2,051,000 after buying an additional 2,194 shares in the last quarter. Finally, Sigma Planning Corp raised its stake in iShares U.S. Tech Independence Focused ETF by 44.3% during the first quarter. Sigma Planning Corp now owns 7,646 shares of the company’s stock valued at $573,000 after purchasing an additional 2,346 shares in the last quarter.

iShares U.S. Tech Independence Focused ETF Stock Up 18.1%

iShares U.S. Tech Independence Focused ETF stock opened at $99.23 on Friday. The firm’s fifty day moving average is $94.69 and its 200 day moving average is $85.84. iShares U.S. Tech Independence Focused ETF has a 52-week low of $64.06 and a 52-week high of $98.03. The company has a market cap of $714.43 million, a price-to-earnings ratio of 37.47 and a beta of 1.18.

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.