Pettinga Financial Advisors LLC Has $15.43 Million Position in iShares U.S. Technology ETF $IYW

Pettinga Financial Advisors LLC grew its position in iShares U.S. Technology ETF (NYSEARCA:IYW) by 27.4% in the second quarter, Holdings Channel reports. The fund owned 89,073 shares of the exchange traded fund’s stock after acquiring an additional 19,172 shares during the quarter. iShares U.S. Technology ETF accounts for 3.4% of Pettinga Financial Advisors LLC’s portfolio, making the stock its 9th largest holding. Pettinga Financial Advisors LLC’s holdings in iShares U.S. Technology ETF were worth $15,434,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of IYW. The Manufacturers Life Insurance Company increased its holdings in iShares U.S. Technology ETF by 113.3% in the first quarter. The Manufacturers Life Insurance Company now owns 1,021,938 shares of the exchange traded fund’s stock valued at $143,521,000 after purchasing an additional 542,816 shares during the period. Sofi Wealth LLC grew its holdings in iShares U.S. Technology ETF by 4,780.8% during the 1st quarter. Sofi Wealth LLC now owns 405,256 shares of the exchange traded fund’s stock worth $56,914,000 after acquiring an additional 396,953 shares during the period. Liberty Wealth Management LLC grew its holdings in iShares U.S. Technology ETF by 795.5% during the 1st quarter. Liberty Wealth Management LLC now owns 416,723 shares of the exchange traded fund’s stock worth $58,525,000 after acquiring an additional 370,190 shares during the period. Ashton Thomas Private Wealth LLC grew its holdings in iShares U.S. Technology ETF by 597.9% during the 1st quarter. Ashton Thomas Private Wealth LLC now owns 322,863 shares of the exchange traded fund’s stock worth $45,343,000 after acquiring an additional 276,601 shares during the period. Finally, LPL Financial LLC grew its holdings in iShares U.S. Technology ETF by 4.4% during the 1st quarter. LPL Financial LLC now owns 5,335,760 shares of the exchange traded fund’s stock worth $749,354,000 after acquiring an additional 224,438 shares during the period. 57.65% of the stock is currently owned by institutional investors and hedge funds.

iShares U.S. Technology ETF Price Performance

IYW stock opened at $196.60 on Thursday. The stock has a market capitalization of $21.06 billion, a PE ratio of 34.95 and a beta of 1.15. The company’s 50-day moving average is $188.82 and its 200-day moving average is $168.90. iShares U.S. Technology ETF has a 1 year low of $117.55 and a 1 year high of $201.50.

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).