iShares U.S. Tech Independence Focused ETF (IETC) Price, Holdings, & News

ETF Overview

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.

Key Stats

• Today's Range: $84.96 to $85.82
• 50-Day Range: $89.09 to $99.60
• 52-Week Range: $64.06 to $98.03
• Volume: 63,717 shs
• Average Volume: 48,987 shs
• Market Capitalization: $698.47 million
• Assets Under Management: $791.14 million
• Dividend Yield: 0.43%
• Net Expense Ratio: 0.18%
• Aggregate Rating: Moderate Buy

IETC ETF - Frequently Asked Questions

How have IETC shares performed this year?

iShares U.S. Tech Independence Focused ETF's stock was trading at $85.32 at the start of the year. Since then, IETC shares have increased by 13.7% and is now trading at $97.01.

Who are iShares U.S. Tech Independence Focused ETF's major shareholders?

iShares U.S. Tech Independence Focused ETF's top institutional shareholders include Kozak & Associates Inc. (9.48%), Mirae Asset Global Investments Co. Ltd. (1.95%), Beacon Harbor Wealth Advisors Inc. (1.80%) and Gradient Investments LLC (1.72%).

How do I buy shares of iShares U.S. Tech Independence Focused ETF?

Shares of IETC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of iShares U.S. Tech Independence Focused ETF own?

Based on aggregate information from My MarketBeat watchlists, some other companies that iShares U.S. Tech Independence Focused ETF investors own include REX FANG & Innovation Equity Premium Income ETF (FEPI), Alibaba Group (BABA), Meta Platforms (META), Chevron (CVX), Altria Group (MO), Schwab U.S. Large-Cap Growth ETF (SCHG) and NEOS S&P 500 High Income ETF (SPYI).

Fund Details

• Issuer: iShares
• Fund Name: iShares U.S. Tech Independence Focused ETF
• Tax Classification: Regulated Investment Company
• Stock Exchange: BATS
• Current Symbol: BATS:IETC
• Inception Date: 3/21/2018
• Fund Manager: Travis Cooke, Linus Franngard, Jeff Shen
• Web: N/A
• Phone: N/A

Fund Focus

• Asset Class: Equity
• Benchmark: N/A
• Category: Sector
• Focus: Information Technology
• Development Level: Developed Markets
• Region: North America
• Number of Holdings: 103

Fund Statistics

• Assets Under Management: $791.14 million
• Average Daily Volume: $89.61 thousand
• Discount/Premium: 0.01%

Administrator, Advisor and Custodian

• Administrator: J.P. Morgan Chase Bank, N.A.
• Advisor: BlackRock Fund Advisors
• Custodian: JPMorgan Chase Bank, N.A.
• Distributor: BlackRock Investments, LLC
• Transfer Agent: J.P. Morgan Chase Bank, N.A.
• Trustee: N/A
• Lead Market Maker: Latour Trading

Options

• Optionable: Optionable
• Options Volume: 24
• Put Options: 4
• Call Options: 20

Miscellaneous

• Outstanding Shares: 7,200,000
• Beta: 1.18
• Creation Unit: 50,000
• Creation Fee: $452.00