Cascade Financial Partners LLC Takes Position in iShares U.S. Tech Independence Focused ETF $IETC

Cascade Financial Partners LLC bought a new stake in iShares U.S. Tech Independence Focused ETF (BATS:IETC) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 2,250 shares of the company’s stock, valued at approximately $212,000.

Other hedge funds have also bought and sold shares of the company. Kozak & Associates Inc. grew its position in iShares U.S. Tech Independence Focused ETF by 0.5% in the second quarter. Kozak & Associates Inc. now owns 682,461 shares of the company’s stock worth $65,209,000 after acquiring an additional 3,267 shares in the last quarter. Jones Financial Companies Lllp bought a new stake in iShares U.S. Tech Independence Focused ETF during the first quarter worth about $17,260,000. Gradient Investments LLC boosted its holdings in shares of iShares U.S. Tech Independence Focused ETF by 16.3% in the 2nd quarter. Gradient Investments LLC now owns 123,960 shares of the company’s stock worth $11,652,000 after purchasing an additional 17,410 shares in the last quarter. Raymond James Financial Inc. increased its position in shares of iShares U.S. Tech Independence Focused ETF by 3.5% during the 1st quarter. Raymond James Financial Inc. now owns 84,729 shares of the company’s stock valued at $6,350,000 after purchasing an additional 2,865 shares during the last quarter. Finally, Integrated Wealth Concepts LLC bought a new position in shares of iShares U.S. Tech Independence Focused ETF during the 1st quarter valued at about $5,647,000.

iShares U.S. Tech Independence Focused ETF Price Performance

BATS:IETC opened at $104.26 on Wednesday. The business has a 50 day moving average of $102.76 and a 200 day moving average of $95.71. The company has a market capitalization of $750.69 million, a price-to-earnings ratio of 37.47 and a beta of 1.18. iShares U.S. Tech Independence Focused ETF has a 1-year low of $64.06 and a 1-year high of $98.03.

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.