4,525 Shares of iShares U.S. Technology ETF $IYW Acquired by M Holdings Securities Inc.

M Holdings Securities Inc. acquired a new position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) during the third quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 4,525 shares of the exchange traded fund’s stock, valued at approximately $1,133,000.

Several other institutional investors have also recently made changes to their positions in the company. Avantax Planning Partners Inc. purchased a new stake in iShares U.S. Technology ETF in the 3rd quarter valued at $872,000. Brighton Jones LLC acquired a new position in shares of iShares U.S. Technology ETF during the 3rd quarter valued at about $878,000. StoneX Group Inc. purchased a new stake in iShares U.S. Technology ETF during the 3rd quarter worth about $1,713,000. Allen Investment Management LLC purchased a new stake in iShares U.S. Technology ETF during the 3rd quarter worth about $2,810,000. Finally, Tennessee Valley Asset Management Partners boosted its position in shares of iShares U.S. Technology ETF by 1.4% during the 3rd quarter. Tennessee Valley Asset Management Partners now owns 19,030 shares of the exchange traded fund’s stock worth $5,041,000 after acquiring an additional 268 shares in the last quarter. 57.65% of the stock is owned by hedge funds and other institutional investors.

iShares U.S. Technology ETF Stock Performance

Shares of NYSEARCA IYW opened at $234.02 on Tuesday. 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 $23.18 billion, a PE ratio of 34.95 and a beta of 1.37. The stock’s 50-day simple moving average is $255.29 and its 200-day simple moving average is $230.41.

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.