Mattson Financial Services LLC Increases Stock Holdings in iShares U.S. Tech Independence Focused ETF $IETC

Mattson Financial Services LLC increased its position in shares of iShares U.S. Tech Independence Focused ETF (BATS:IETC) by 81.8% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 40,693 shares of the company’s stock after purchasing an additional 18,311 shares during the period. iShares U.S. Tech Independence Focused ETF accounts for about 1.0% of Mattson Financial Services LLC’s holdings, making the stock its 26th biggest holding. Mattson Financial Services LLC owned approximately 0.57% of iShares U.S. Tech Independence Focused ETF worth $4,148,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently bought and sold shares of IETC. Raymond James Financial Inc. grew its stake in shares of iShares U.S. Tech Independence Focused ETF by 3.5% in the 1st quarter. Raymond James Financial Inc. now owns 84,729 shares of the company’s stock valued at $6,350,000 after buying an additional 2,865 shares during the period. Northwestern Mutual Wealth Management Co. lifted its holdings in iShares U.S. Tech Independence Focused ETF by 27.3% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 5,437 shares of the company’s stock valued at $407,000 after acquiring an additional 1,165 shares during the last quarter. Royal Bank of Canada grew its position in iShares U.S. Tech Independence Focused ETF by 32.7% in the first quarter. Royal Bank of Canada now owns 5,535 shares of the company’s stock worth $415,000 after acquiring an additional 1,365 shares during the period. Integrated Wealth Concepts LLC acquired a new stake in iShares U.S. Tech Independence Focused ETF during the first quarter worth $5,647,000. Finally, Jones Financial Companies Lllp purchased a new stake in iShares U.S. Tech Independence Focused ETF in the first quarter valued at $17,260,000.

iShares U.S. Tech Independence Focused ETF Stock Up 23.3%

Shares of iShares U.S. Tech Independence Focused ETF stock opened at $103.56 on Monday. The firm has a market cap of $745.63 million, a PE ratio of 37.47 and a beta of 1.18. iShares U.S. Tech Independence Focused ETF has a 52 week low of $64.06 and a 52 week high of $98.03. The business’s fifty day simple moving average is $102.75 and its 200-day simple moving average is $99.52.

iShares U.S. Tech Independence Focused ETF Company 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. 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.