Focus Financial Network Inc. Buys 536 Shares of iShares U.S. Technology ETF (NYSEARCA:IYW)

Focus Financial Network Inc. grew its stake in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 0.9% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 58,491 shares of the exchange traded fund’s stock after acquiring an additional 536 shares during the period. Focus Financial Network Inc.’s holdings in iShares U.S. Technology ETF were worth $8,793,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. RCS Financial Planning LLC grew its position in shares of iShares U.S. Technology ETF by 11.6% during the 2nd quarter. RCS Financial Planning LLC now owns 8,436 shares of the exchange traded fund’s stock valued at $1,270,000 after acquiring an additional 877 shares during the period. SeaCrest Wealth Management LLC grew its position in shares of iShares U.S. Technology ETF by 6.0% during the 2nd quarter. SeaCrest Wealth Management LLC now owns 6,701 shares of the exchange traded fund’s stock valued at $1,009,000 after acquiring an additional 382 shares during the period. Horizon Wealth Management LLC bought a new position in shares of iShares U.S. Technology ETF during the 2nd quarter valued at approximately $372,000. Avid Wealth Partners LLC grew its position in shares of iShares U.S. Technology ETF by 10.7% during the 2nd quarter. Avid Wealth Partners LLC now owns 30,361 shares of the exchange traded fund’s stock valued at $4,569,000 after acquiring an additional 2,929 shares during the period. Finally, First Horizon Advisors Inc. grew its position in shares of iShares U.S. Technology ETF by 2.7% during the 2nd quarter. First Horizon Advisors Inc. now owns 99,619 shares of the exchange traded fund’s stock valued at $14,993,000 after acquiring an additional 2,606 shares during the period.

iShares U.S. Technology ETF Price Performance

Shares of iShares U.S. Technology ETF stock traded down $0.47 on Tuesday, reaching $149.53. 1,070,362 shares of the company traded hands, compared to its average volume of 900,544. iShares U.S. Technology ETF has a 52 week low of $100.84 and a 52 week high of $158.97. The company has a 50 day moving average of $148.27 and a 200 day moving average of $139.10. The firm has a market capitalization of $18.37 billion, a PE ratio of 38.84 and a beta of 1.43.

iShares U.S. Technology ETF Company 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).