Simplicity Wealth LLC Has $4.13 Million Position in iShares U.S. Technology ETF $IYW

Simplicity Wealth LLC increased its position in iShares U.S. Technology ETF (NYSEARCA:IYW) by 83.6% during the second quarter, HoldingsChannel reports. The institutional investor owned 23,844 shares of the exchange traded fund’s stock after acquiring an additional 10,854 shares during the period. Simplicity Wealth LLC’s holdings in iShares U.S. Technology ETF were worth $4,132,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Hoey Investments Inc. increased its holdings in iShares U.S. Technology ETF by 31.6% in the second quarter. Hoey Investments Inc. now owns 250 shares of the exchange traded fund’s stock worth $43,000 after buying an additional 60 shares during the last quarter. True Vision MN LLC increased its holdings in iShares U.S. Technology ETF by 0.4% in the first quarter. True Vision MN LLC now owns 19,475 shares of the exchange traded fund’s stock worth $2,735,000 after buying an additional 72 shares during the last quarter. Continuum Advisory LLC grew its holdings in iShares U.S. Technology ETF by 11.4% during the first quarter. Continuum Advisory LLC now owns 750 shares of the exchange traded fund’s stock valued at $105,000 after purchasing an additional 77 shares during the last quarter. Resurgent Financial Advisors LLC grew its holdings in iShares U.S. Technology ETF by 2.8% during the first quarter. Resurgent Financial Advisors LLC now owns 2,889 shares of the exchange traded fund’s stock valued at $406,000 after purchasing an additional 80 shares during the last quarter. Finally, NorthRock Partners LLC grew its holdings in iShares U.S. Technology ETF by 1.5% during the first quarter. NorthRock Partners LLC now owns 5,576 shares of the exchange traded fund’s stock valued at $783,000 after purchasing an additional 83 shares during the last quarter. Institutional investors and hedge funds own 57.65% of the company’s stock.

iShares U.S. Technology ETF Stock Down 0.5%

Shares of IYW stock opened at $197.46 on Friday. iShares U.S. Technology ETF has a 12 month low of $117.55 and a 12 month high of $199.31. The business’s 50 day moving average is $186.11 and its two-hundred day moving average is $166.20. The company has a market cap of $21.27 billion, a PE ratio of 34.95 and a beta of 1.15.

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).