iShares U.S. Tech Independence Focused ETF (BATS:IETC) Shares Acquired by Sanctuary Advisors LLC

Sanctuary Advisors LLC boosted its stake in shares of iShares U.S. Tech Independence Focused ETF (BATS:IETC) by 16.4% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,582 shares of the company’s stock after purchasing an additional 645 shares during the quarter. Sanctuary Advisors LLC owned approximately 0.13% of iShares U.S. Tech Independence Focused ETF worth $397,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Lansing Street Advisors boosted its position in iShares U.S. Tech Independence Focused ETF by 5.0% during the 3rd quarter. Lansing Street Advisors now owns 7,456 shares of the company’s stock valued at $584,000 after purchasing an additional 357 shares during the period. JPMorgan Chase & Co. boosted its position in iShares U.S. Tech Independence Focused ETF by 22.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 23,401 shares of the company’s stock valued at $1,834,000 after purchasing an additional 4,259 shares during the period. Ameritas Advisory Services LLC acquired a new position in iShares U.S. Tech Independence Focused ETF during the 4th quarter valued at approximately $1,986,000. Comprehensive Financial Planning Inc. PA acquired a new position in iShares U.S. Tech Independence Focused ETF during the 4th quarter valued at approximately $441,000. Finally, HB Wealth Management LLC acquired a new position in iShares U.S. Tech Independence Focused ETF during the 4th quarter valued at approximately $213,000.

iShares U.S. Tech Independence Focused ETF Price Performance

BATS:IETC opened at $79.65 on Tuesday. iShares U.S. Tech Independence Focused ETF has a 12-month low of $65.53 and a 12-month high of $90.20. The firm has a market capitalization of $282.74 million, a P/E ratio of 42.52 and a beta of 1.38. The business has a 50 day simple moving average of $86.74 and a 200 day simple moving average of $82.36.

About iShares U.S. Tech Independence Focused ETF

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.