Montag A & Associates Inc. Grows Holdings in iShares U.S. Tech Independence Focused ETF (BATS:IETC)

Montag A & Associates Inc. increased its holdings in iShares U.S. Tech Independence Focused ETF (BATS:IETC) by 48.5% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,883 shares of the company’s stock after acquiring an additional 1,268 shares during the quarter. Montag A & Associates Inc.’s holdings in iShares U.S. Tech Independence Focused ETF were worth $331,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors also recently bought and sold shares of the business. Mirae Asset Global Investments Co. Ltd. lifted its holdings in shares of iShares U.S. Tech Independence Focused ETF by 1.3% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 236,098 shares of the company’s stock valued at $20,319,000 after purchasing an additional 2,973 shares during the last quarter. MML Investors Services LLC increased its position in iShares U.S. Tech Independence Focused ETF by 6.0% during the 3rd quarter. MML Investors Services LLC now owns 92,267 shares of the company’s stock valued at $7,231,000 after buying an additional 5,204 shares in the last quarter. Raymond James & Associates raised its stake in iShares U.S. Tech Independence Focused ETF by 5.4% during the third quarter. Raymond James & Associates now owns 73,403 shares of the company’s stock valued at $5,753,000 after buying an additional 3,768 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in iShares U.S. Tech Independence Focused ETF by 22.2% in the third quarter. JPMorgan Chase & Co. now owns 23,401 shares of the company’s stock worth $1,834,000 after acquiring an additional 4,259 shares in the last quarter. Finally, Ameritas Advisory Services LLC purchased a new stake in shares of iShares U.S. Tech Independence Focused ETF in the fourth quarter worth $1,986,000.

iShares U.S. Tech Independence Focused ETF Price Performance

Shares of BATS:IETC opened at $89.82 on Tuesday. The firm’s fifty day moving average is $86.99 and its two-hundred day moving average is $81.28. The company has a market capitalization of $318.88 million, a P/E 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.