Robertson Stephens Wealth Management LLC Raises Stock Holdings in iShares U.S. Technology ETF (NYSEARCA:IYW)

Robertson Stephens Wealth Management LLC lifted its stake in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 3.2% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 14,425 shares of the exchange traded fund’s stock after acquiring an additional 443 shares during the period. Robertson Stephens Wealth Management LLC’s holdings in iShares U.S. Technology ETF were worth $2,026,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in IYW. Perennial Investment Advisors LLC lifted its holdings in iShares U.S. Technology ETF by 44.1% in the 4th quarter. Perennial Investment Advisors LLC now owns 111,366 shares of the exchange traded fund’s stock valued at $17,775,000 after purchasing an additional 34,083 shares in the last quarter. Antonelli Financial Advisors LLC purchased a new stake in shares of iShares U.S. Technology ETF in the fourth quarter valued at $485,000. Yardley Wealth Management LLC increased its stake in iShares U.S. Technology ETF by 300.0% in the fourth quarter. Yardley Wealth Management LLC now owns 11,268 shares of the exchange traded fund’s stock valued at $1,752,000 after purchasing an additional 8,451 shares during the last quarter. Vertex Planning Partners LLC increased its stake in iShares U.S. Technology ETF by 4.4% in the fourth quarter. Vertex Planning Partners LLC now owns 14,777 shares of the exchange traded fund’s stock valued at $2,357,000 after purchasing an additional 618 shares during the last quarter. Finally, Cypress Wealth Services LLC lifted its position in iShares U.S. Technology ETF by 0.4% during the first quarter. Cypress Wealth Services LLC now owns 52,507 shares of the exchange traded fund’s stock worth $7,374,000 after buying an additional 223 shares during the period.

iShares U.S. Technology ETF Trading Down 0.6%

Shares of NYSEARCA:IYW opened at $164.89 on Wednesday. The firm has a market cap of $20.25 billion, a price-to-earnings ratio of 35.28 and a beta of 1.23. The stock’s 50-day moving average price is $150.87 and its two-hundred day moving average price is $154.05. iShares U.S. Technology ETF has a 12-month low of $117.55 and a 12-month high of $167.30.

iShares U.S. Technology ETF Company 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).