Farther Finance Advisors LLC Lowers Holdings in iShares U.S. Tech Independence Focused ETF (BATS:IETC)

Farther Finance Advisors LLC decreased its holdings in iShares U.S. Tech Independence Focused ETF (BATS:IETC) by 17.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 667 shares of the company’s stock after selling 142 shares during the quarter. Farther Finance Advisors LLC’s holdings in iShares U.S. Tech Independence Focused ETF were worth $52,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in IETC. Mercer Global Advisors Inc. ADV acquired a new stake in iShares U.S. Tech Independence Focused ETF in the second quarter valued at approximately $263,000. Sanctuary Advisors LLC acquired a new stake in iShares U.S. Tech Independence Focused ETF in the second quarter valued at approximately $289,000. Commonwealth Equity Services LLC raised its holdings in iShares U.S. Tech Independence Focused ETF by 3.6% in the second quarter. Commonwealth Equity Services LLC now owns 9,691 shares of the company’s stock valued at $729,000 after acquiring an additional 336 shares in the last quarter. Financial Perspectives Inc raised its holdings in iShares U.S. Tech Independence Focused ETF by 2.6% in the second quarter. Financial Perspectives Inc now owns 10,386 shares of the company’s stock valued at $781,000 after acquiring an additional 260 shares in the last quarter. Finally, Patriot Investment Management Group Inc. raised its holdings in iShares U.S. Tech Independence Focused ETF by 3.9% in the second quarter. Patriot Investment Management Group Inc. now owns 11,186 shares of the company’s stock valued at $841,000 after acquiring an additional 420 shares in the last quarter.

iShares U.S. Tech Independence Focused ETF Trading Down 0.1 %

Shares of BATS:IETC opened at $83.94 on Thursday. The company has a fifty day moving average price of $78.75 and a 200 day moving average price of $75.02. The firm has a market capitalization of $297.99 million, a PE ratio of 42.52 and a beta of 1.38.

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.