SteelPeak Wealth LLC Raises Stock Holdings in iShares U.S. Technology ETF (NYSEARCA:IYW)

SteelPeak Wealth LLC boosted its position in iShares U.S. Technology ETF (NYSEARCA:IYW) by 18.8% in the first quarter, Holdings Channel.com reports. The firm owned 82,860 shares of the exchange traded fund’s stock after buying an additional 13,124 shares during the quarter. SteelPeak Wealth LLC’s holdings in iShares U.S. Technology ETF were worth $11,191,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in IYW. Envestnet Asset Management Inc. lifted its position in iShares U.S. Technology ETF by 38.6% during the 4th quarter. Envestnet Asset Management Inc. now owns 10,523,831 shares of the exchange traded fund’s stock valued at $1,291,800,000 after acquiring an additional 2,928,731 shares during the period. UBS Group AG boosted its position in shares of iShares U.S. Technology ETF by 8.1% in the 4th quarter. UBS Group AG now owns 2,129,589 shares of the exchange traded fund’s stock worth $261,407,000 after purchasing an additional 160,092 shares in the last quarter. FIL Ltd grew its stake in shares of iShares U.S. Technology ETF by 33.2% in the 4th quarter. FIL Ltd now owns 1,456,287 shares of the exchange traded fund’s stock worth $178,759,000 after buying an additional 363,201 shares during the last quarter. Envestnet Portfolio Solutions Inc. increased its position in iShares U.S. Technology ETF by 45.5% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 1,257,759 shares of the exchange traded fund’s stock valued at $154,390,000 after buying an additional 393,079 shares in the last quarter. Finally, CWM LLC increased its position in iShares U.S. Technology ETF by 8.8% during the 1st quarter. CWM LLC now owns 1,173,803 shares of the exchange traded fund’s stock valued at $158,534,000 after buying an additional 95,066 shares in the last quarter.

iShares U.S. Technology ETF Trading Down 0.4 %

iShares U.S. Technology ETF stock traded down $0.60 during mid-day trading on Friday, hitting $150.50. The company had a trading volume of 969,723 shares, compared to its average volume of 886,756. iShares U.S. Technology ETF has a 12 month low of $100.84 and a 12 month high of $154.41. The company has a market capitalization of $18.49 billion, a PE ratio of 38.84 and a beta of 1.43. The stock’s 50 day moving average price is $140.26 and its two-hundred day moving average price is $133.25.

iShares U.S. Technology ETF Profile

iShares U.S. Technology ETF, formerly iShares Dow Jones U.S. Technology Sector Index Fund (the Fund) is a non-diversified fund. The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Dow Jones U.S. Technology Index (the Index).