iShares U.S. Technology ETF $IYW Shares Acquired by 5T Wealth LLC

5T Wealth LLC lifted its position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 59.2% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 6,468 shares of the exchange traded fund’s stock after buying an additional 2,405 shares during the quarter. 5T Wealth LLC’s holdings in iShares U.S. Technology ETF were worth $1,121,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Harbor Asset Planning Inc. acquired a new position in shares of iShares U.S. Technology ETF during the 2nd quarter worth $27,000. Bogart Wealth LLC raised its stake in iShares U.S. Technology ETF by 189.3% in the 2nd quarter. Bogart Wealth LLC now owns 162 shares of the exchange traded fund’s stock valued at $28,000 after purchasing an additional 106 shares during the last quarter. Park Square Financial Group LLC raised its stake in iShares U.S. Technology ETF by 588.2% in the 1st quarter. Park Square Financial Group LLC now owns 234 shares of the exchange traded fund’s stock valued at $33,000 after purchasing an additional 200 shares during the last quarter. Accredited Wealth Management LLC acquired a new position in iShares U.S. Technology ETF in the 1st quarter valued at about $33,000. Finally, Private Wealth Asset Management LLC acquired a new position in iShares U.S. Technology ETF in the 2nd quarter valued at about $39,000. Institutional investors and hedge funds own 57.65% of the company’s stock.

iShares U.S. Technology ETF Trading Up 0.0%

Shares of IYW stock opened at $207.92 on Friday. The firm has a 50-day moving average price of $193.72 and a 200 day moving average price of $175.20. iShares U.S. Technology ETF has a twelve month low of $117.55 and a twelve month high of $211.98. The company has a market capitalization of $22.20 billion, a price-to-earnings ratio of 34.95 and a beta of 1.23.

iShares U.S. Technology ETF 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).