Oakwell Private Wealth Management LLC Purchases 26,434 Shares of iShares U.S. Tech Independence Focused ETF $IETC

Oakwell Private Wealth Management LLC raised its holdings in shares of iShares U.S. Tech Independence Focused ETF (BATS:IETC) by 101.3% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 52,534 shares of the company’s stock after purchasing an additional 26,434 shares during the quarter. iShares U.S. Tech Independence Focused ETF makes up approximately 0.8% of Oakwell Private Wealth Management LLC’s portfolio, making the stock its 19th largest holding. Oakwell Private Wealth Management LLC owned 0.73% of iShares U.S. Tech Independence Focused ETF worth $4,643,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. Financial Perspectives Inc raised its holdings in iShares U.S. Tech Independence Focused ETF by 1.3% during the 4th quarter. Financial Perspectives Inc now owns 10,859 shares of the company’s stock valued at $1,103,000 after acquiring an additional 137 shares during the period. Sound Income Strategies LLC boosted its holdings in shares of iShares U.S. Tech Independence Focused ETF by 48.8% in the fourth quarter. Sound Income Strategies LLC now owns 442 shares of the company’s stock worth $45,000 after acquiring an additional 145 shares during the period. Wealth Enhancement Advisory Services LLC boosted its holdings in shares of iShares U.S. Tech Independence Focused ETF by 6.0% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 3,217 shares of the company’s stock worth $331,000 after acquiring an additional 183 shares during the period. Creative Planning grew its position in shares of iShares U.S. Tech Independence Focused ETF by 3.8% in the third quarter. Creative Planning now owns 5,464 shares of the company’s stock valued at $557,000 after purchasing an additional 199 shares in the last quarter. Finally, Harbour Investments Inc. grew its position in shares of iShares U.S. Tech Independence Focused ETF by 219.8% in the fourth quarter. Harbour Investments Inc. now owns 291 shares of the company’s stock valued at $30,000 after purchasing an additional 200 shares in the last quarter.

iShares U.S. Tech Independence Focused ETF Stock Up 0.1%

Shares of BATS:IETC traded up $0.10 during midday trading on Friday, reaching $107.49. 23,948 shares of the company traded hands, compared to its average volume of 62,359. iShares U.S. Tech Independence Focused ETF has a 12 month low of $84.32 and a 12 month high of $118.70. The firm has a market capitalization of $773.93 million, a price-to-earnings ratio of 37.47 and a beta of 1.18. The firm’s fifty day moving average price is $107.52 and its two-hundred day moving average price is $100.05.

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. 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.