Fortis Group Advisors LLC Grows Stock Holdings in iShares U.S. Technology ETF (NYSEARCA:IYW)

Fortis Group Advisors LLC increased its holdings in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 54.0% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 8,650 shares of the exchange traded fund’s stock after purchasing an additional 3,034 shares during the period. Fortis Group Advisors LLC’s holdings in iShares U.S. Technology ETF were worth $1,302,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Rosenberg Matthew Hamilton increased its holdings in shares of iShares U.S. Technology ETF by 133.8% during the 2nd quarter. Rosenberg Matthew Hamilton now owns 166 shares of the exchange traded fund’s stock valued at $25,000 after purchasing an additional 95 shares in the last quarter. Central Bank & Trust Co. boosted its stake in shares of iShares U.S. Technology ETF by 343.6% during the 2nd quarter. Central Bank & Trust Co. now owns 173 shares of the exchange traded fund’s stock worth $26,000 after acquiring an additional 134 shares in the last quarter. VitalStone Financial LLC acquired a new stake in shares of iShares U.S. Technology ETF during the 1st quarter valued at about $36,000. Tidemark LLC purchased a new position in shares of iShares U.S. Technology ETF in the 4th quarter valued at about $50,000. Finally, GAMMA Investing LLC acquired a new position in iShares U.S. Technology ETF in the 4th quarter worth about $52,000.

iShares U.S. Technology ETF Trading Up 1.1 %

IYW traded up $1.65 during trading on Friday, hitting $147.76. The company’s stock had a trading volume of 401,819 shares, compared to its average volume of 889,643. The firm has a market capitalization of $18.15 billion, a price-to-earnings ratio of 38.84 and a beta of 1.43. iShares U.S. Technology ETF has a twelve month low of $100.84 and a twelve month high of $158.97. The business’s fifty day simple moving average is $147.91 and its 200 day simple moving average is $140.18.

About iShares U.S. Technology ETF

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).