Stock Yards Bank & Trust Co. Grows Stock Holdings in iShares U.S. Technology ETF $IYW

Stock Yards Bank & Trust Co. lifted its holdings in iShares U.S. Technology ETF (NYSEARCA:IYW) by 23.4% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 15,080 shares of the exchange traded fund’s stock after acquiring an additional 2,864 shares during the period. Stock Yards Bank & Trust Co.’s holdings in iShares U.S. Technology ETF were worth $2,736,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in IYW. Morgan Stanley lifted its holdings in shares of iShares U.S. Technology ETF by 3.3% during the 4th quarter. Morgan Stanley now owns 5,773,004 shares of the exchange traded fund’s stock valued at $1,152,754,000 after acquiring an additional 186,297 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in iShares U.S. Technology ETF by 34.4% in the 4th quarter. JPMorgan Chase & Co. now owns 4,033,291 shares of the exchange traded fund’s stock valued at $805,368,000 after purchasing an additional 1,031,871 shares in the last quarter. UBS Group AG increased its holdings in iShares U.S. Technology ETF by 4.0% in the 3rd quarter. UBS Group AG now owns 1,882,618 shares of the exchange traded fund’s stock valued at $368,730,000 after purchasing an additional 72,485 shares in the last quarter. Raymond James Financial Inc. raised its position in iShares U.S. Technology ETF by 6.5% in the second quarter. Raymond James Financial Inc. now owns 1,598,623 shares of the exchange traded fund’s stock valued at $276,993,000 after purchasing an additional 97,389 shares during the period. Finally, Ameriprise Financial Inc. lifted its stake in shares of iShares U.S. Technology ETF by 2.4% during the second quarter. Ameriprise Financial Inc. now owns 1,156,536 shares of the exchange traded fund’s stock worth $200,481,000 after purchasing an additional 27,056 shares in the last quarter. Hedge funds and other institutional investors own 57.65% of the company’s stock.

iShares U.S. Technology ETF Price Performance

Shares of NYSEARCA IYW opened at $248.75 on Thursday. iShares U.S. Technology ETF has a 1-year low of $170.88 and a 1-year high of $261.01. The business has a 50-day moving average of $239.72 and a 200-day moving average of $210.58. The company has a market capitalization of $25.05 billion, a price-to-earnings ratio of 34.95 and a beta of 1.35.

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.