Kozak & Associates Inc. Cuts Stock Holdings in iShares U.S. Tech Independence Focused ETF (BATS:IETC)

Kozak & Associates Inc. reduced its position in shares of iShares U.S. Tech Independence Focused ETF (BATS:IETC) by 1.8% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 662,789 shares of the company’s stock after selling 12,178 shares during the quarter. iShares U.S. Tech Independence Focused ETF comprises about 13.1% of Kozak & Associates Inc.’s portfolio, making the stock its biggest position. Kozak & Associates Inc. owned 18.67% of iShares U.S. Tech Independence Focused ETF worth $57,325,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of IETC. Aptus Capital Advisors LLC acquired a new position in shares of iShares U.S. Tech Independence Focused ETF in the 3rd quarter valued at $59,000. Mercer Global Advisors Inc. ADV purchased a new position in shares of iShares U.S. Tech Independence Focused ETF in the 2nd quarter valued at about $263,000. Sanctuary Advisors LLC acquired a new position in iShares U.S. Tech Independence Focused ETF in the 2nd quarter worth about $289,000. 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 period. Finally, Lansing Street Advisors raised its stake in shares of iShares U.S. Tech Independence Focused ETF by 5.0% during the 3rd quarter. Lansing Street Advisors now owns 7,456 shares of the company’s stock worth $584,000 after buying an additional 357 shares during the period.

iShares U.S. Tech Independence Focused ETF Stock Up 1.4 %

Shares of IETC traded up $1.17 during mid-day trading on Monday, reaching $86.49. 28,501 shares of the company’s stock were exchanged. The stock has a market cap of $307.04 million, a PE ratio of 42.52 and a beta of 1.38. The stock’s 50-day simple moving average is $83.92 and its two-hundred day simple moving average is $78.76.

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.