iShares U.S. Tech Independence Focused ETF (BATS:IETC) Sets New 52-Week High – Still a Buy?

Posted by Renee Jackson on May 28th, 2026

iShares U.S. Tech Independence Focused ETF (BATS:IETC – Get Free Report) reached a new 52-week high during trading on Thursday . The company traded as high as $110.58 and last traded at $110.58, with a volume of 7990 shares trading hands. The stock had previously closed at $109.17.

iShares U.S. Tech Independence Focused ETF Stock Up 1.6%

The firm has a market cap of $798.77 million, a price-to-earnings ratio of 37.47 and a beta of 1.18. The stock’s 50 day moving average is $98.77 and its 200 day moving average is $98.60.

Institutional Trading of iShares U.S. Tech Independence Focused ETF

A number of large investors have recently added to or reduced their stakes in the business. Gradient Investments LLC boosted its stake in iShares U.S. Tech Independence Focused ETF by 7.9% in the 4th quarter. Gradient Investments LLC now owns 673,735 shares of the company’s stock worth $68,445,000 after purchasing an additional 49,147 shares during the period. Apexium Financial LP boosted its stake in iShares U.S. Tech Independence Focused ETF by 33.2% in the 3rd quarter. Apexium Financial LP now owns 89,167 shares of the company’s stock worth $9,089,000 after purchasing an additional 22,235 shares during the period. Assetmark Inc. boosted its stake in iShares U.S. Tech Independence Focused ETF by 928.1% in the 4th quarter. Assetmark Inc. now owns 209,468 shares of the company’s stock worth $21,280,000 after purchasing an additional 189,094 shares during the period. Jones Financial Companies Lllp boosted its stake in iShares U.S. Tech Independence Focused ETF by 388.8% in the 3rd quarter. Jones Financial Companies Lllp now owns 6,995 shares of the company’s stock worth $710,000 after purchasing an additional 5,564 shares during the period. Finally, A4 Wealth Advisors LLC acquired a new position in iShares U.S. Tech Independence Focused ETF in the 3rd quarter worth approximately $755,000.

About iShares U.S. Tech Independence Focused ETF

(Get Free Report)

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.