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

NewEdge Wealth LLC increased its holdings in iShares U.S. Technology ETF (NYSEARCA:IYW) by 167.3% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,007 shares of the exchange traded fund’s stock after buying an additional 5,011 shares during the quarter. NewEdge Wealth LLC’s holdings in iShares U.S. Technology ETF were worth $1,453,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Bartlett & CO. Wealth Management LLC raised its stake in shares of iShares U.S. Technology ETF by 20.6% during the fourth quarter. Bartlett & CO. Wealth Management LLC now owns 42,286 shares of the exchange traded fund’s stock valued at $8,444,000 after purchasing an additional 7,217 shares in the last quarter. JPMorgan Chase & Co. grew its position in iShares U.S. Technology ETF by 34.4% in the 4th quarter. JPMorgan Chase & Co. now owns 4,033,291 shares of the exchange traded fund’s stock valued at $805,368,000 after buying an additional 1,031,871 shares in the last quarter. Farther Finance Advisors LLC increased its stake in iShares U.S. Technology ETF by 4.7% during the 4th quarter. Farther Finance Advisors LLC now owns 60,006 shares of the exchange traded fund’s stock valued at $11,982,000 after buying an additional 2,674 shares during the period. Tudor Investment Corp ET AL increased its stake in iShares U.S. Technology ETF by 714.4% during the 3rd quarter. Tudor Investment Corp ET AL now owns 23,284 shares of the exchange traded fund’s stock valued at $4,560,000 after buying an additional 20,425 shares during the period. Finally, ASL Financial LLC acquired a new position in iShares U.S. Technology ETF during the 4th quarter valued at about $718,000. 57.65% of the stock is owned by institutional investors.

iShares U.S. Technology ETF Stock Performance

IYW stock opened at $236.08 on Monday. iShares U.S. Technology ETF has a 52 week low of $172.54 and a 52 week high of $261.01. The company has a market capitalization of $23.43 billion, a price-to-earnings ratio of 34.95 and a beta of 1.35. The firm’s 50-day moving average is $245.72 and its two-hundred day moving average is $215.87.

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). The Index measures the performance of the technology sector of the United States equity market, and includes companies in the industry groups, such as software and computer services and technology hardware and equipment.