Atria Wealth Solutions Inc. Boosts Stake in iShares U.S. Tech Independence Focused ETF (BATS:IETC)

Atria Wealth Solutions Inc. increased its position in iShares U.S. Tech Independence Focused ETF (BATS:IETC) by 405.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 70,007 shares of the company’s stock after buying an additional 56,145 shares during the period. Atria Wealth Solutions Inc. owned 1.97% of iShares U.S. Tech Independence Focused ETF worth $5,973,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in IETC. Raymond James & Associates lifted its position in shares of iShares U.S. Tech Independence Focused ETF by 5.4% in the third quarter. Raymond James & Associates now owns 73,403 shares of the company’s stock worth $5,753,000 after buying an additional 3,768 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its position in shares of iShares U.S. Tech Independence Focused ETF by 13.2% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 233,125 shares of the company’s stock worth $18,247,000 after buying an additional 27,174 shares in the last quarter. Pallas Capital Advisors LLC raised its position in iShares U.S. Tech Independence Focused ETF by 4.5% during the third quarter. Pallas Capital Advisors LLC now owns 12,708 shares of the company’s stock valued at $1,013,000 after purchasing an additional 549 shares during the period. Lansing Street Advisors raised its position in iShares U.S. Tech Independence Focused ETF by 5.0% during the third quarter. Lansing Street Advisors now owns 7,456 shares of the company’s stock valued at $584,000 after purchasing an additional 357 shares during the period. Finally, Aptus Capital Advisors LLC purchased a new stake in iShares U.S. Tech Independence Focused ETF during the third quarter valued at approximately $59,000.

iShares U.S. Tech Independence Focused ETF Stock Performance

Shares of IETC stock opened at $89.17 on Thursday. The stock has a market capitalization of $316.54 million, a P/E ratio of 42.52 and a beta of 1.38. The company’s 50-day moving average is $87.19 and its 200 day moving average is $81.54.

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.