iShares U.S. Tech Independence Focused ETF (BATS:IETC) is Kozak & Associates Inc.’s Largest Position

Kozak & Associates Inc. grew its position in iShares U.S. Tech Independence Focused ETF (BATS:IETC) by 1.4% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 674,967 shares of the company’s stock after buying an additional 9,307 shares during the period. iShares U.S. Tech Independence Focused ETF makes up about 12.9% of Kozak & Associates Inc.’s investment portfolio, making the stock its largest holding. Kozak & Associates Inc. owned about 19.01% of iShares U.S. Tech Independence Focused ETF worth $54,321,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of IETC. Mirae Asset Global Investments Co. Ltd. purchased a new position in iShares U.S. Tech Independence Focused ETF in the first quarter worth about $9,539,000. Raymond James & Associates raised its holdings in iShares U.S. Tech Independence Focused ETF by 23.0% in the second quarter. Raymond James & Associates now owns 69,635 shares of the company’s stock worth $5,235,000 after buying an additional 13,002 shares during the last quarter. Sanctuary Advisors LLC purchased a new position in shares of iShares U.S. Tech Independence Focused ETF during the second quarter valued at approximately $289,000. Mercer Global Advisors Inc. ADV purchased a new position in shares of iShares U.S. Tech Independence Focused ETF during the second quarter valued at approximately $263,000. Finally, Haverford Trust Co purchased a new position in shares of iShares U.S. Tech Independence Focused ETF during the first quarter valued at approximately $221,000.

iShares U.S. Tech Independence Focused ETF Price Performance

IETC opened at $80.81 on Friday. The firm’s fifty day moving average is $76.47 and its 200 day moving average is $73.42. The stock has a market capitalization of $286.88 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.