iShares U.S. Technology ETF $IYW Shares Bought by Quantinno Capital Management LP

Quantinno Capital Management LP raised its position in iShares U.S. Technology ETF (NYSEARCA:IYW) by 91.2% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 52,482 shares of the exchange traded fund’s stock after purchasing an additional 25,033 shares during the period. Quantinno Capital Management LP owned 0.05% of iShares U.S. Technology ETF worth $9,521,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. St. Louis Trust Co purchased a new position in iShares U.S. Technology ETF in the first quarter valued at $234,000. Compound Planning Inc. lifted its holdings in iShares U.S. Technology ETF by 3.9% during the 1st quarter. Compound Planning Inc. now owns 138,883 shares of the exchange traded fund’s stock worth $25,196,000 after buying an additional 5,237 shares during the last quarter. Sei Investments Co. purchased a new stake in iShares U.S. Technology ETF during the 1st quarter worth about $673,000. NewEdge Wealth LLC boosted its position in shares of iShares U.S. Technology ETF by 167.3% during the 1st quarter. NewEdge Wealth LLC now owns 8,007 shares of the exchange traded fund’s stock worth $1,453,000 after acquiring an additional 5,011 shares in the last quarter. Finally, CacheTech Inc. boosted its position in shares of iShares U.S. Technology ETF by 8.8% during the 1st quarter. CacheTech Inc. now owns 15,612 shares of the exchange traded fund’s stock worth $2,832,000 after acquiring an additional 1,268 shares in the last quarter. 57.65% of the stock is currently owned by institutional investors and hedge funds.

iShares U.S. Technology ETF Stock Performance

IYW opened at $253.55 on Wednesday. iShares U.S. Technology ETF has a one year low of $172.54 and a one year high of $261.01. The company has a market cap of $25.11 billion, a P/E ratio of 34.95 and a beta of 1.36. The business’s 50-day simple moving average is $245.43 and its 200-day simple moving average is $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.