Kesler Norman & Wride LLC Makes New Investment in iShares U.S. Tech Independence Focused ETF $IETC

Kesler Norman & Wride LLC bought a new position in shares of iShares U.S. Tech Independence Focused ETF (BATS:IETC) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 4,973 shares of the company’s stock, valued at approximately $505,000.

Other institutional investors have also recently made changes to their positions in the company. Harbour Investments Inc. grew its position in shares of iShares U.S. Tech Independence Focused ETF by 219.8% during the fourth quarter. Harbour Investments Inc. now owns 291 shares of the company’s stock worth $30,000 after purchasing an additional 200 shares in the last quarter. IFP Advisors Inc grew its position in shares of iShares U.S. Tech Independence Focused ETF by 688.9% during the third quarter. IFP Advisors Inc now owns 355 shares of the company’s stock worth $36,000 after purchasing an additional 310 shares in the last quarter. Sound Income Strategies LLC grew its position in shares of iShares U.S. Tech Independence Focused ETF by 48.8% during the fourth quarter. Sound Income Strategies LLC now owns 442 shares of the company’s stock worth $45,000 after purchasing an additional 145 shares in the last quarter. CIBC Private Wealth Group LLC purchased a new stake in shares of iShares U.S. Tech Independence Focused ETF during the third quarter worth about $64,000. Finally, Activest Wealth Management purchased a new stake in shares of iShares U.S. Tech Independence Focused ETF during the fourth quarter worth about $75,000.

iShares U.S. Tech Independence Focused ETF Trading Down 2.1%

BATS:IETC opened at $115.60 on Thursday. iShares U.S. Tech Independence Focused ETF has a 12-month low of $84.32 and a 12-month high of $118.70. The stock has a 50-day moving average price of $101.16 and a 200 day moving average price of $99.04. The stock has a market capitalization of $832.32 million, a P/E ratio of 37.47 and a beta of 1.18.

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. The market cap-weighted fund targets an increased exposure to firms with high Technology Independence Score. IETC was launched on Mar 21, 2018 and is managed by BlackRock.