iShares U.S. Technology ETF $IYW Shares Acquired by Kovitz Investment Group Partners LLC

Kovitz Investment Group Partners LLC increased its position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 8.1% during the 3rd quarter, Holdings Channel.com reports. The fund owned 268,224 shares of the exchange traded fund’s stock after acquiring an additional 20,037 shares during the period. Kovitz Investment Group Partners LLC’s holdings in iShares U.S. Technology ETF were worth $52,534,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Bleakley Financial Group LLC grew its holdings in shares of iShares U.S. Technology ETF by 3.0% in the third quarter. Bleakley Financial Group LLC now owns 48,853 shares of the exchange traded fund’s stock valued at $9,568,000 after purchasing an additional 1,412 shares in the last quarter. Adapt Wealth Advisors LLC lifted its position in iShares U.S. Technology ETF by 3.6% in the third quarter. Adapt Wealth Advisors LLC now owns 4,556 shares of the exchange traded fund’s stock valued at $892,000 after purchasing an additional 160 shares during the period. Advisors Preferred LLC increased its position in iShares U.S. Technology ETF by 674.6% during the 3rd quarter. Advisors Preferred LLC now owns 1,069 shares of the exchange traded fund’s stock worth $211,000 after purchasing an additional 931 shares during the period. Citigroup Inc. raised its stake in shares of iShares U.S. Technology ETF by 87.2% during the 3rd quarter. Citigroup Inc. now owns 62,305 shares of the exchange traded fund’s stock worth $12,203,000 after buying an additional 29,016 shares in the last quarter. Finally, Siligmueller & Norvid Wealth Advisors LLC acquired a new stake in shares of iShares U.S. Technology ETF in the 3rd quarter valued at approximately $1,952,000. 57.65% of the stock is currently owned by hedge funds and other institutional investors.

iShares U.S. Technology ETF Stock Performance

iShares U.S. Technology ETF stock opened at $192.93 on Friday. iShares U.S. Technology ETF has a one year low of $117.55 and a one year high of $211.98. The business has a fifty day moving average of $197.98 and a two-hundred day moving average of $195.47. The company has a market cap of $20.19 billion, a P/E ratio of 34.95 and a beta of 1.23.

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.