iShares US Tech Independence Focused ETFIETC
IETC
0
Funds holding %
of 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
263% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 8
50% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 6
13% more capital invested
Capital invested by funds: $108M [Q2] → $122M (+$13.7M) [Q3]
5% more funds holding
Funds holding: 57 [Q2] → 60 (+3) [Q3]
0.39% more ownership
Funds ownership: 39.07% [Q2] → 39.46% (+0.39%) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 1 [Q2] → 1 (+0) [Q3]
Research analyst outlook
We haven’t received any recent analyst ratings for IETC.
Financial journalist opinion
Positive
Seeking Alpha
2 months ago
IETC: An Actively Managed U.S. Tech Fund With Strong IRR Potential
iShares U.S. Tech Independence Focused ETF targets U.S.-based tech companies using alternative data, emphasizing long-term growth in a digital economy. IETC's portfolio is AI-driven, with top holdings like Broadcom, Amazon, Microsoft, and Nvidia, presenting both risks and opportunities. Valuation metrics suggest a forward P/E ratio of 27.56x and an IRR potential of 8-11%, but active management adds uncertainty.
Positive
ETF Trends
5 months ago
BlackRock's Top Thematic Trends to Watch in 2H
Halfway through the year, thematic equity ETFs have exhibited wide levels of dispersion but continue to capture the market's attention heading into the second half of 2024.
Negative
Seeking Alpha
6 months ago
IETC: Achieving US Tech Independence Is Unrealistic And Even Sub-Optimal
iShares U.S. Tech Independence Focused ETF (IETC) is a hold due to its focus on U.S. tech independence, which may result in a lack of diversified supply chains and sub-optimal performance. IETC is an actively-managed fund but has a lower expense ratio than most active funds and even some passively managed information technology ETFs. IETC has lower weight on companies with significant international revenue, such as Apple, which may limit its potential for growth.
Positive
Seeking Alpha
9 months ago
IETC: Big U.S. Technology Companies Continue To Offer Upside Potential
iShares U.S. Tech Independence Focused ETF focuses on U.S. companies with a focus on tech independence and resilient value chains. The fund's investment strategy is based on BlackRock's proprietary data and uses quantitative analysis to allocate companies to sectors. IETC has a "black box" approach, with no minimum holding period and the ability to buy or sell securities whenever deemed appropriate by fund management.
Positive
Schwab Network
10 months ago
Finding Value In The A.I. Trade
What is the biggest driver of corporate A.I. implementation strategies?
Positive
Zacks Investment Research
10 months ago
Tech ETFs Riding the Wave of Strong Earnings
Strong corporate earnings has resulted in strong gains for tech ETFs, with many hitting a new one-year high.
Negative
Seeking Alpha
1 year ago
IETC: An Active Technology Play That Isn't Outperforming
iShares U.S. Tech Independence Focused ETF is an actively managed fund that aims to capture the evolving landscape of tech-focused companies. IETC's holdings are diversified across various sectors, with a significant emphasis on the technology industry. Over the last three years, the Fund has underperformed similar passive Technology sector ETFs, raising doubts about the effectiveness of active management in this space.
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