29,058 Shares in iShares U.S. Technology ETF $IYW Purchased by S&A Financial Services Inc.

S&A Financial Services Inc. purchased a new stake in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) in the first quarter, HoldingsChannel.com reports. The institutional investor purchased 29,058 shares of the exchange traded fund’s stock, valued at approximately $5,272,000. iShares U.S. Technology ETF makes up about 3.6% of S&A Financial Services Inc.’s portfolio, making the stock its 8th largest holding.

Several other institutional investors have also added to or reduced their stakes in IYW. Bartlett & CO. Wealth Management LLC increased its holdings in shares of iShares U.S. Technology ETF by 20.6% in the 4th quarter. Bartlett & CO. Wealth Management LLC now owns 42,286 shares of the exchange traded fund’s stock worth $8,444,000 after buying an additional 7,217 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of 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 acquiring an additional 1,031,871 shares during the last quarter. Farther Finance Advisors LLC lifted its holdings in shares of iShares U.S. Technology ETF by 4.7% in 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 acquiring an additional 2,674 shares during the last quarter. Tudor Investment Corp ET AL grew its position in iShares U.S. Technology ETF by 714.4% in the third quarter. Tudor Investment Corp ET AL now owns 23,284 shares of the exchange traded fund’s stock worth $4,560,000 after acquiring an additional 20,425 shares in the last quarter. Finally, Apella Capital LLC purchased a new position in iShares U.S. Technology ETF in the fourth quarter worth about $2,128,000. Hedge funds and other institutional investors own 57.65% of the company’s stock.

iShares U.S. Technology ETF Price Performance

Shares of NYSEARCA IYW opened at $238.04 on Monday. The business’s 50 day moving average is $245.27 and its two-hundred day moving average is $217.00. iShares U.S. Technology ETF has a 1-year low of $172.54 and a 1-year high of $261.01. The stock has a market capitalization of $23.58 billion, a P/E ratio of 34.95 and a beta of 1.35.

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). 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.