iShares US Tech Independence Focused ETFIETC
IETC
0
Funds holding %
of 6,823 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: $110M [Q2] → $124M (+$14.1M) [Q3]
5% more funds holding
Funds holding: 57 [Q2] → 60 (+3) [Q3]
0.46% more ownership
Funds ownership: 39.6% [Q2] → 40.06% (+0.46%) [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
Neutral
The Motley Fool
2 weeks ago
Meet the BlackRock ETF With 39.2% of Its Portfolio Invested in Broadcom, Nvidia, Amazon, and Microsoft
BlackRock is the world's largest asset manager, with $11.5 trillion in client money under its supervision. Around $3.3 trillion of that is sitting in exchange-traded funds (ETFs) that are operated by the company's iShares subsidiary.
Positive
Seeking Alpha
3 weeks ago
IETC: Strong Performance, Growth Potential Amidst AI Evolution
IETC has delivered a strong total return of 287% since its inception in 2018, outperforming major technology funds like QQQ and XLK. The fund's high exposure to software and semiconductor stocks positions it well for continued growth driven by AI advancements. Despite its strong performance, IETC's valuation is not cheap, and investors should consider waiting for a better entry point.
Positive
Seeking Alpha
3 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
6 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
7 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
10 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
11 months ago
Finding Value In The A.I. Trade
What is the biggest driver of corporate A.I. implementation strategies?
Positive
Zacks Investment Research
11 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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