IETC - iShares Evolved U.S. Technology ETF
|Ex-Dividend Date||Jun 10, 2021|
|Trading Day||June 17|
|Day's Range||52.78 - 53.47|
|52-Week Range||36.49 - 53.47|
The investment seeks to provide access to U.S. companies with technology exposure, as classified using a proprietary classification system. The fund seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its net assets in U.S. listed common stock of large-, mid- and small-capitalization technology companies. It will hold common stock of those companies that fall into the Technology Evolved Sector which have economic characteristics that have been historically correlated with companies traditionally defined as technology companies. The fund is non-diversified.
|Asset Class |
|Inception Date |
Mar 21, 2018
|Ticker Symbol |
|Index Tracked |
MSCI USA IMI Information Technology Index
Top 10 Holdings59.10% of assets
|Jun 10, 2021||$0.046354||Jun 16, 2021|
|Mar 25, 2021||$0.059585||Mar 31, 2021|
|Dec 14, 2020||$0.055496||Dec 18, 2020|
|Sep 23, 2020||$0.047173||Sep 29, 2020|
|Jun 15, 2020||$0.051425||Jun 19, 2020|
|Mar 25, 2020||$0.072966||Mar 31, 2020|
Total Q1 earnings from the group of five companies are expected to be up 43.5% on revenue growth of 31.4%. This reflects a solid improvement from the Q4 earnings growth of 41.2% and revenue growth of 29%.
This technology ETF hits a new 52-week high. Are more gains in store for this ETF?
Covid-19 threw a wrench in a lot of dividend plans for companies this year, but some have been able to thrive amid the pandemic, such as Microsoft. As announced on their company website, the software gi...
With the pandemic continuing to rage and a vaccine perhaps months away, the beaten-down technology ETFs seem attractive.
Investors could easily tap the hottest "big four" tech giants under one roof through ETF.
Better-than-expected earnings releases could bring back the shine of the FAANG stocks.
Given the expected strong earnings, investors may want to invest in FAANG stocks with the help of ETFs.