Retirement Planning Group LLC Makes New Investment in iShares U.S. Technology ETF $IYW

Retirement Planning Group LLC acquired a new stake in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 4,846 shares of the exchange traded fund’s stock, valued at approximately $1,284,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of IYW. The Manufacturers Life Insurance Company acquired a new position in shares of iShares U.S. Technology ETF in the second quarter valued at approximately $200,579,000. First Heartland Consultants Inc. bought a new position in iShares U.S. Technology ETF in the 3rd quarter valued at approximately $7,194,000. Goodman Advisory Group LLC acquired a new stake in iShares U.S. Technology ETF during the 1st quarter worth approximately $510,000. Three Seasons Wealth LLC boosted its position in iShares U.S. Technology ETF by 2,412.9% during the 2nd quarter. Three Seasons Wealth LLC now owns 42,945 shares of the exchange traded fund’s stock worth $10,832,000 after buying an additional 41,236 shares during the period. Finally, True North Advisors LLC acquired a new stake in iShares U.S. Technology ETF during the 1st quarter worth approximately $439,000. Institutional investors own 57.65% of the company’s stock.

iShares U.S. Technology ETF Price Performance

IYW opened at $253.34 on Wednesday. iShares U.S. Technology ETF has a fifty-two week low of $172.54 and a fifty-two week high of $274.44. The firm has a market capitalization of $24.61 billion, a price-to-earnings ratio of 34.95 and a beta of 1.35. The company’s 50 day moving average price is $257.01 and its two-hundred day moving average price is $242.73.

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.