Jones Financial Companies Lllp Acquires 5,564 Shares of iShares U.S. Tech Independence Focused ETF $IETC

Jones Financial Companies Lllp grew its stake in shares of iShares U.S. Tech Independence Focused ETF (BATS:IETC) by 388.8% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,995 shares of the company’s stock after buying an additional 5,564 shares during the period. Jones Financial Companies Lllp owned 0.10% of iShares U.S. Tech Independence Focused ETF worth $710,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently modified their holdings of the company. Steward Partners Investment Advisory LLC purchased a new position in iShares U.S. Tech Independence Focused ETF during the second quarter valued at $25,000. Parkside Financial Bank & Trust bought a new position in shares of iShares U.S. Tech Independence Focused ETF during the 3rd quarter valued at about $30,000. Sound Income Strategies LLC grew its position in shares of iShares U.S. Tech Independence Focused ETF by 68.8% during the third quarter. Sound Income Strategies LLC now owns 297 shares of the company’s stock valued at $31,000 after purchasing an additional 121 shares in the last quarter. Richardson Capital Management LLC increased its holdings in shares of iShares U.S. Tech Independence Focused ETF by 14.9% in the third quarter. Richardson Capital Management LLC now owns 1,158 shares of the company’s stock worth $118,000 after purchasing an additional 150 shares during the last quarter. Finally, Hoese & Co LLP purchased a new stake in shares of iShares U.S. Tech Independence Focused ETF in the second quarter worth about $110,000.

iShares U.S. Tech Independence Focused ETF Trading Down 2.5%

Shares of iShares U.S. Tech Independence Focused ETF stock opened at $90.70 on Friday. The firm has a market cap of $653.04 million, a PE ratio of 37.47 and a beta of 1.18. The stock has a 50 day moving average of $100.38 and a 200 day moving average of $100.73. iShares U.S. Tech Independence Focused ETF has a 12 month low of $64.06 and a 12 month high of $108.47.

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.