Cerity Partners LLC Acquires Stake in iShares U.S. Tech Independence Focused ETF (BATS:IETC)
Cerity Partners LLC recently made a significant investment in the iShares U.S. Tech Independence Focused ETF, acquiring 4,927 shares valued at approximately $307,000. This move reflects a growing trend among institutional investors to add to their stakes in this technology-focused ETF.
Other institutional investors have also shown interest in the iShares U.S. Tech Independence Focused ETF. Pathstone Family Office LLC, Aptus Capital Advisors LLC, Tower Research Capital LLC TRC, Raymond James & Associates, and Raymond James Financial Services Advisors Inc. have all either purchased new stakes or increased their holdings in the ETF in recent months.
The iShares U.S. Tech Independence Focused ETF, trading under the symbol BATS:IETC, has shown strong performance in the market. With a market cap of $235.22 million and a PE ratio of 40.47, the ETF has a 50-day simple moving average of $69.54 and a 200-day simple moving average of $63.65. This ETF is actively managed and focuses on US stocks in the information technology sector.
Investors interested in learning more about the iShares U.S. Tech Independence Focused ETF can visit HoldingsChannel.com for the latest 13F filings and insider trades. Additionally, they can sign up to receive daily news and ratings updates on the ETF through MarketBeat.com’s free email newsletter.