Smartleaf Asset Management LLC Has $3.31 Million Holdings in iShares U.S. Technology ETF (NYSEARCA:IYW)

Smartleaf Asset Management LLC raised its position in iShares U.S. Technology ETF (NYSEARCA:IYW) by 25.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 20,548 shares of the exchange traded fund’s stock after buying an additional 4,136 shares during the period. Smartleaf Asset Management LLC’s holdings in iShares U.S. Technology ETF were worth $3,308,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in IYW. FMR LLC lifted its position in shares of iShares U.S. Technology ETF by 11.0% during the third quarter. FMR LLC now owns 62,648 shares of the exchange traded fund’s stock worth $9,499,000 after purchasing an additional 6,225 shares in the last quarter. Natixis Advisors LLC lifted its position in shares of iShares U.S. Technology ETF by 28.1% during the third quarter. Natixis Advisors LLC now owns 16,136 shares of the exchange traded fund’s stock worth $2,447,000 after purchasing an additional 3,539 shares in the last quarter. Great Valley Advisor Group Inc. lifted its position in shares of iShares U.S. Technology ETF by 1.9% during the third quarter. Great Valley Advisor Group Inc. now owns 3,963 shares of the exchange traded fund’s stock worth $600,000 after purchasing an additional 73 shares in the last quarter. Brown Brothers Harriman & Co. lifted its position in shares of iShares U.S. Technology ETF by 81.7% during the third quarter. Brown Brothers Harriman & Co. now owns 545 shares of the exchange traded fund’s stock worth $83,000 after purchasing an additional 245 shares in the last quarter. Finally, Citigroup Inc. lifted its position in shares of iShares U.S. Technology ETF by 84.1% during the third quarter. Citigroup Inc. now owns 49,610 shares of the exchange traded fund’s stock worth $7,522,000 after purchasing an additional 22,667 shares in the last quarter.

iShares U.S. Technology ETF Trading Up 1.6 %

Shares of IYW stock opened at $154.66 on Friday. iShares U.S. Technology ETF has a 1 year low of $124.32 and a 1 year high of $167.30. The firm’s 50 day moving average is $161.41 and its 200-day moving average is $156.43. The firm has a market capitalization of $19.43 billion, a price-to-earnings ratio of 35.73 and a beta of 1.14.

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).