Vestmark Advisory Solutions Inc. Has $32.37 Million Stock Position in iShares U.S. Technology ETF $IYW

Vestmark Advisory Solutions Inc. raised its holdings in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 323.9% in the second quarter, Holdings Channel reports. The institutional investor owned 186,792 shares of the exchange traded fund’s stock after buying an additional 142,726 shares during the quarter. Vestmark Advisory Solutions Inc.’s holdings in iShares U.S. Technology ETF were worth $32,365,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently modified their holdings of IYW. Savant Capital LLC increased its position in iShares U.S. Technology ETF by 1.7% during the second quarter. Savant Capital LLC now owns 13,107 shares of the exchange traded fund’s stock worth $2,271,000 after acquiring an additional 220 shares during the period. Valtinson Bruner Financial Planning LLC bought a new stake in iShares U.S. Technology ETF in the 2nd quarter valued at $258,000. DDFG Inc acquired a new stake in iShares U.S. Technology ETF in the 2nd quarter worth $230,000. Summit Wealth Group LLC bought a new position in shares of iShares U.S. Technology ETF during the 2nd quarter worth about $245,000. Finally, Stone House Investment Management LLC increased its holdings in shares of iShares U.S. Technology ETF by 10.9% during the 2nd quarter. Stone House Investment Management LLC now owns 78,963 shares of the exchange traded fund’s stock worth $13,682,000 after purchasing an additional 7,792 shares during the period. 57.65% of the stock is owned by institutional investors.

iShares U.S. Technology ETF Stock Performance

NYSEARCA IYW opened at $197.80 on Friday. iShares U.S. Technology ETF has a twelve month low of $117.55 and a twelve month high of $211.98. The stock has a market cap of $21.32 billion, a PE ratio of 34.95 and a beta of 1.23. The firm has a 50-day simple moving average of $195.44 and a 200 day simple moving average of $176.92.

About iShares U.S. Technology ETF

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).