Commonwealth Retirement Investments LLC Increases Position in iShares U.S. Technology ETF (NYSEARCA:IYW)

Commonwealth Retirement Investments LLC grew its holdings in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 7.2% during the second quarter, HoldingsChannel reports. The institutional investor owned 8,037 shares of the exchange traded fund’s stock after buying an additional 537 shares during the period. Commonwealth Retirement Investments LLC’s holdings in iShares U.S. Technology ETF were worth $1,210,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. International Assets Investment Management LLC boosted its position in iShares U.S. Technology ETF by 10.7% in the 4th quarter. International Assets Investment Management LLC now owns 9,331 shares of the exchange traded fund’s stock valued at $1,145,000 after buying an additional 902 shares during the period. Russell Investments Group Ltd. boosted its holdings in shares of iShares U.S. Technology ETF by 1,958.9% in the fourth quarter. Russell Investments Group Ltd. now owns 45,770 shares of the exchange traded fund’s stock valued at $5,618,000 after purchasing an additional 43,547 shares during the period. Fisher Asset Management LLC bought a new position in iShares U.S. Technology ETF in the fourth quarter worth approximately $217,000. Aveo Capital Partners LLC increased its holdings in iShares U.S. Technology ETF by 7.2% during the 4th quarter. Aveo Capital Partners LLC now owns 2,124 shares of the exchange traded fund’s stock worth $261,000 after purchasing an additional 142 shares during the period. Finally, 9258 Wealth Management LLC purchased a new position in iShares U.S. Technology ETF during the 4th quarter worth $202,000.

iShares U.S. Technology ETF Trading Down 2.4 %

Shares of IYW stock opened at $137.68 on Friday. iShares U.S. Technology ETF has a twelve month low of $100.84 and a twelve month high of $158.97. The stock has a fifty day simple moving average of $147.08 and a two-hundred day simple moving average of $140.53. The stock has a market capitalization of $16.91 billion, a price-to-earnings 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).