Shira Ridge Wealth Management Decreases Stake in iShares U.S. Tech Independence Focused ETF (BATS:IETC)

Shira Ridge Wealth Management lessened its stake in iShares U.S. Tech Independence Focused ETF (BATS:IETC) by 2.4% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 21,460 shares of the company’s stock after selling 532 shares during the quarter. iShares U.S. Tech Independence Focused ETF accounts for 0.9% of Shira Ridge Wealth Management’s investment portfolio, making the stock its 24th largest position. Shira Ridge Wealth Management owned approximately 0.60% of iShares U.S. Tech Independence Focused ETF worth $1,831,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Pallas Capital Advisors LLC lifted its position in shares of iShares U.S. Tech Independence Focused ETF by 3.9% during the 4th quarter. Pallas Capital Advisors LLC now owns 13,209 shares of the company’s stock valued at $1,127,000 after acquiring an additional 501 shares during the period. JPMorgan Chase & Co. raised its holdings in iShares U.S. Tech Independence Focused ETF by 22.2% during the third quarter. JPMorgan Chase & Co. now owns 23,401 shares of the company’s stock worth $1,834,000 after purchasing an additional 4,259 shares during the last quarter. MML Investors Services LLC boosted its position in iShares U.S. Tech Independence Focused ETF by 6.0% during the third quarter. MML Investors Services LLC now owns 92,267 shares of the company’s stock worth $7,231,000 after purchasing an additional 5,204 shares in the last quarter. Glen Eagle Advisors LLC grew its holdings in iShares U.S. Tech Independence Focused ETF by 11.1% in the third quarter. Glen Eagle Advisors LLC now owns 5,516 shares of the company’s stock valued at $432,000 after purchasing an additional 553 shares during the last quarter. Finally, Aptus Capital Advisors LLC purchased a new position in shares of iShares U.S. Tech Independence Focused ETF in the third quarter valued at $59,000.

iShares U.S. Tech Independence Focused ETF Stock Down 0.4 %

BATS:IETC opened at $83.83 on Tuesday. The firm has a market cap of $297.60 million, a P/E ratio of 42.52 and a beta of 1.38. The stock’s 50-day moving average price is $84.68 and its two-hundred day moving average price is $79.23.

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.