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

Mattson Financial Services LLC increased its holdings in iShares U.S. Tech Independence Focused ETF (BATS:IETC) by 81.8% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 40,693 shares of the company’s stock after purchasing an additional 18,311 shares during the quarter. iShares U.S. Tech Independence Focused ETF makes up about 1.0% of Mattson Financial Services LLC’s investment portfolio, making the stock its 26th largest position. Mattson Financial Services LLC’s holdings in iShares U.S. Tech Independence Focused ETF were worth $4,148,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Raymond James Financial Inc. raised its position in iShares U.S. Tech Independence Focused ETF by 3.5% during the first quarter. Raymond James Financial Inc. now owns 84,729 shares of the company’s stock worth $6,350,000 after acquiring an additional 2,865 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its stake in shares of iShares U.S. Tech Independence Focused ETF by 27.3% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 5,437 shares of the company’s stock worth $407,000 after purchasing an additional 1,165 shares in the last quarter. Royal Bank of Canada increased its stake in shares of iShares U.S. Tech Independence Focused ETF by 32.7% during the 1st quarter. Royal Bank of Canada now owns 5,535 shares of the company’s stock worth $415,000 after purchasing an additional 1,365 shares in the last quarter. Integrated Wealth Concepts LLC acquired a new position in shares of iShares U.S. Tech Independence Focused ETF during the 1st quarter worth approximately $5,647,000. Finally, Jones Financial Companies Lllp purchased a new stake in iShares U.S. Tech Independence Focused ETF in the 1st quarter valued at approximately $17,260,000.

iShares U.S. Tech Independence Focused ETF Stock Performance

Shares of BATS:IETC opened at $103.56 on Monday. The business’s fifty day moving average price is $102.75 and its two-hundred day moving average price is $99.52. The stock 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 one year low of $64.06 and a one year high of $98.03.

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.