HighTower Advisors LLC Purchases 14,742 Shares of iShares U.S. Technology ETF $IYW

HighTower Advisors LLC increased its position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 3.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 389,331 shares of the exchange traded fund’s stock after purchasing an additional 14,742 shares during the period. HighTower Advisors LLC owned approximately 0.36% of iShares U.S. Technology ETF worth $76,258,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the company. Avid Wealth Partners LLC lifted its holdings in shares of iShares U.S. Technology ETF by 1.4% during the third quarter. Avid Wealth Partners LLC now owns 27,359 shares of the exchange traded fund’s stock worth $5,359,000 after buying an additional 389 shares in the last quarter. Ameritas Advisory Services LLC increased its position in iShares U.S. Technology ETF by 48.9% during the third quarter. Ameritas Advisory Services LLC now owns 21,976 shares of the exchange traded fund’s stock worth $4,304,000 after acquiring an additional 7,213 shares during the period. CENTRAL TRUST Co increased its position in iShares U.S. Technology ETF by 5.1% during the third quarter. CENTRAL TRUST Co now owns 1,291 shares of the exchange traded fund’s stock worth $253,000 after acquiring an additional 63 shares during the period. Assetmark Inc. raised its stake in iShares U.S. Technology ETF by 85.8% in the 3rd quarter. Assetmark Inc. now owns 100,163 shares of the exchange traded fund’s stock worth $19,618,000 after purchasing an additional 46,255 shares in the last quarter. Finally, Beacon Bridge Wealth Partners LLC boosted its holdings in iShares U.S. Technology ETF by 0.9% in the 3rd quarter. Beacon Bridge Wealth Partners LLC now owns 31,557 shares of the exchange traded fund’s stock valued at $6,181,000 after purchasing an additional 278 shares during the period. 57.65% of the stock is currently owned by institutional investors.

iShares U.S. Technology ETF Stock Down 0.1%

Shares of NYSEARCA:IYW opened at $190.54 on Tuesday. iShares U.S. Technology ETF has a 12-month low of $117.55 and a 12-month high of $211.98. The company’s 50 day moving average price is $198.85 and its two-hundred day moving average price is $195.23. The firm has a market cap of $19.94 billion, a PE ratio of 34.95 and a beta of 1.23.

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.