CoreCap Advisors LLC Acquires 15,877 Shares of iShares U.S. Technology ETF $IYW

CoreCap Advisors LLC raised its holdings in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 63.6% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 40,859 shares of the exchange traded fund’s stock after buying an additional 15,877 shares during the quarter. CoreCap Advisors LLC’s holdings in iShares U.S. Technology ETF were worth $10,306,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in IYW. Morgan Stanley boosted its position 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 during the last quarter. JPMorgan Chase & Co. increased its position in shares of iShares U.S. Technology ETF by 34.4% in the fourth quarter. JPMorgan Chase & Co. now owns 4,033,291 shares of the exchange traded fund’s stock worth $805,368,000 after purchasing an additional 1,031,871 shares during the last quarter. UBS Group AG raised its stake in iShares U.S. Technology ETF by 4.0% in the third 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 stake 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 in the last quarter. Finally, Ameriprise Financial Inc. lifted its position in 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 valued at $200,481,000 after purchasing an additional 27,056 shares during the last quarter. 57.65% of the stock is currently owned by institutional investors.

iShares U.S. Technology ETF Price Performance

Shares of iShares U.S. Technology ETF stock opened at $253.55 on Wednesday. iShares U.S. Technology ETF has a 1 year low of $172.54 and a 1 year high of $261.01. The firm has a market cap of $25.11 billion, a PE ratio of 34.95 and a beta of 1.36. The company has a 50 day simple moving average of $245.43 and a two-hundred day simple moving average of $217.68.

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.