BBR Partners LLC Purchases 11,758 Shares of iShares U.S. Technology ETF $IYW

BBR Partners LLC raised its position in iShares U.S. Technology ETF (NYSEARCA:IYW) by 61.9% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 30,740 shares of the exchange traded fund’s stock after buying an additional 11,758 shares during the period. iShares U.S. Technology ETF accounts for about 0.3% of BBR Partners LLC’s investment portfolio, making the stock its 29th biggest position. BBR Partners LLC’s holdings in iShares U.S. Technology ETF were worth $6,021,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the company. Bell Investment Advisors Inc acquired a new position in shares of iShares U.S. Technology ETF in the 2nd quarter worth approximately $25,000. Bogart Wealth LLC raised its position in iShares U.S. Technology ETF by 189.3% in the 2nd quarter. Bogart Wealth LLC now owns 162 shares of the exchange traded fund’s stock valued at $28,000 after purchasing an additional 106 shares during the last quarter. Bangor Savings Bank bought a new position in iShares U.S. Technology ETF in the 3rd quarter valued at $31,000. Hantz Financial Services Inc. bought a new stake in shares of iShares U.S. Technology ETF during the third quarter worth $31,000. Finally, Abound Wealth Management bought a new stake in shares of iShares U.S. Technology ETF during the third quarter worth $34,000. Institutional investors and hedge funds own 57.65% of the company’s stock.

iShares U.S. Technology ETF Stock Down 0.0%

iShares U.S. Technology ETF stock opened at $190.48 on Wednesday. The stock has a 50-day simple moving average of $198.58 and a 200 day simple moving average of $195.32. The stock has a market capitalization of $19.93 billion, a price-to-earnings ratio of 34.95 and a beta of 1.23. iShares U.S. Technology ETF has a 12-month low of $117.55 and a 12-month high of $211.98.

iShares U.S. Technology ETF 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.