Crewe Advisors LLC Makes New Investment in iShares U.S. Technology ETF $IYW

Crewe Advisors LLC acquired a new stake in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 522 shares of the exchange traded fund’s stock, valued at approximately $90,000.

A number of other hedge funds have also made changes to their positions in IYW. Wealth Enhancement Advisory Services LLC increased its holdings in shares of iShares U.S. Technology ETF by 12.4% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 143,291 shares of the exchange traded fund’s stock valued at $20,124,000 after acquiring an additional 15,785 shares during the last quarter. Avior Wealth Management LLC increased its holdings in shares of iShares U.S. Technology ETF by 39.8% during the 1st quarter. Avior Wealth Management LLC now owns 6,605 shares of the exchange traded fund’s stock valued at $928,000 after acquiring an additional 1,882 shares during the last quarter. Advisor Resource Council acquired a new position in shares of iShares U.S. Technology ETF during the 1st quarter valued at about $560,000. Merkkuri Wealth Advisors LLC increased its holdings in shares of iShares U.S. Technology ETF by 1.7% during the 1st quarter. Merkkuri Wealth Advisors LLC now owns 8,160 shares of the exchange traded fund’s stock valued at $1,146,000 after acquiring an additional 137 shares during the last quarter. Finally, Buck Wealth Strategies LLC acquired a new position in shares of iShares U.S. Technology ETF during the 1st quarter valued at about $632,000. Institutional investors and hedge funds own 57.65% of the company’s stock.

iShares U.S. Technology ETF Stock Performance

Shares of NYSEARCA IYW opened at $197.17 on Monday. The firm has a market cap of $21.09 billion, a price-to-earnings ratio of 34.95 and a beta of 1.15. The business’s 50-day simple moving average is $189.37 and its 200-day simple moving average is $170.11. iShares U.S. Technology ETF has a 52 week low of $117.55 and a 52 week 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).