Lansing Street Advisors Has $584,000 Position in iShares U.S. Tech Independence Focused ETF (BATS:IETC)

Lansing Street Advisors lifted its position in shares of iShares U.S. Tech Independence Focused ETF (BATS:IETC) by 5.0% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,456 shares of the company’s stock after purchasing an additional 357 shares during the quarter. Lansing Street Advisors’ holdings in iShares U.S. Tech Independence Focused ETF were worth $584,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Mirae Asset Global Investments Co. Ltd. acquired a new position in shares of iShares U.S. Tech Independence Focused ETF in the 1st quarter valued at approximately $9,539,000. Kozak & Associates Inc. boosted its holdings in shares of iShares U.S. Tech Independence Focused ETF by 4.4% in the first quarter. Kozak & Associates Inc. now owns 646,599 shares of the company’s stock valued at $45,805,000 after buying an additional 27,470 shares during the period. Raymond James & Associates boosted its holdings in shares of 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 valued at $5,235,000 after buying an additional 13,002 shares during the period. Sanctuary Advisors LLC bought a new stake in shares of iShares U.S. Tech Independence Focused ETF during the second quarter worth $289,000. Finally, Mercer Global Advisors Inc. ADV acquired a new stake in shares of iShares U.S. Tech Independence Focused ETF during the second quarter worth $263,000.

iShares U.S. Tech Independence Focused ETF Stock Up 1.0 %

IETC opened at $78.89 on Monday. The company has a market cap of $280.06 million, a PE ratio of 42.52 and a beta of 1.38. The company has a 50 day moving average of $77.72 and a two-hundred day moving average of $74.26.

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.