iShares U.S. Tech Independence Focused ETF (IETC)
iShares U.S. Tech Independence Focused ETF operates in the Asset Management industry of the Financial Services sector, headquartered in San Francisco, CA, US. The stock last traded at $111.40, up 1.54% on the session, giving a market capitalisation of $724.1M. Its beta of 1.24 implies it has historically moved more than the broad market.
This fund aims to invest in U.S. technology companies, with their tech involvement determined by a unique, proprietary classification method. Its strategy involves prioritizing U.S. firms that demonstrate a higher concentration of technological expertise, generate more revenue, and conduct a larger share of their production within the United States and designated global markets, compared to the general classification system.
iShares U.S. Tech Independence Focused ETF is most often compared with the following Financial Services names: