iShares U.S. Technology ETF $IYW Shares Bought by Assetmark Inc.

Assetmark Inc. raised its position in iShares U.S. Technology ETF (NYSEARCA:IYW) by 4.8% in the second quarter, Holdings Channel reports. The institutional investor owned 53,908 shares of the exchange traded fund’s stock after purchasing an additional 2,490 shares during the period. Assetmark Inc.’s holdings in iShares U.S. Technology ETF were worth $9,341,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Keybank National Association OH increased its holdings in iShares U.S. Technology ETF by 18.3% in the second quarter. Keybank National Association OH now owns 24,978 shares of the exchange traded fund’s stock valued at $4,328,000 after buying an additional 3,860 shares in the last quarter. Horizon Wealth Management LLC increased its holdings in iShares U.S. Technology ETF by 2,674.3% in the second quarter. Horizon Wealth Management LLC now owns 88,834 shares of the exchange traded fund’s stock valued at $15,392,000 after buying an additional 85,632 shares in the last quarter. Buck Wealth Strategies LLC increased its holdings in iShares U.S. Technology ETF by 55.9% in the second quarter. Buck Wealth Strategies LLC now owns 7,013 shares of the exchange traded fund’s stock valued at $1,215,000 after buying an additional 2,515 shares in the last quarter. Arkadios Wealth Advisors increased its holdings in iShares U.S. Technology ETF by 28.0% in the second quarter. Arkadios Wealth Advisors now owns 28,112 shares of the exchange traded fund’s stock valued at $4,871,000 after buying an additional 6,147 shares in the last quarter. Finally, Mayflower Financial Advisors LLC increased its holdings in iShares U.S. Technology ETF by 2.0% in the second quarter. Mayflower Financial Advisors LLC now owns 26,782 shares of the exchange traded fund’s stock valued at $4,639,000 after buying an additional 518 shares in the last quarter. Hedge funds and other institutional investors own 57.65% of the company’s stock.

iShares U.S. Technology ETF Stock Performance

IYW opened at $207.92 on Friday. iShares U.S. Technology ETF has a fifty-two week low of $117.55 and a fifty-two week high of $211.98. The company has a fifty day moving average of $193.72 and a two-hundred day moving average of $175.20. The stock has a market capitalization of $22.20 billion, a price-to-earnings ratio of 34.95 and a beta of 1.23.

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).