iShares U.S. Technology ETF $IYW Shares Acquired by Bank of Montreal Can

Bank of Montreal Can increased its stake in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 1.5% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 104,252 shares of the exchange traded fund’s stock after purchasing an additional 1,559 shares during the period. Bank of Montreal Can owned 0.08% of iShares U.S. Technology ETF worth $18,064,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of IYW. MMA Asset Management LLC purchased a new position in shares of iShares U.S. Technology ETF in the second quarter valued at approximately $291,000. 5T Wealth LLC raised its stake in iShares U.S. Technology ETF by 59.2% in the 2nd quarter. 5T Wealth LLC now owns 6,468 shares of the exchange traded fund’s stock valued at $1,121,000 after purchasing an additional 2,405 shares during the last quarter. Roble Belko & Company Inc raised its stake in iShares U.S. Technology ETF by 20.1% in the 2nd quarter. Roble Belko & Company Inc now owns 2,203 shares of the exchange traded fund’s stock valued at $382,000 after purchasing an additional 368 shares during the last quarter. Kovack Advisors Inc. lifted its holdings in iShares U.S. Technology ETF by 54.2% in the 2nd quarter. Kovack Advisors Inc. now owns 6,887 shares of the exchange traded fund’s stock valued at $1,193,000 after purchasing an additional 2,421 shares in the last quarter. Finally, Tradewinds LLC. acquired a new stake in iShares U.S. Technology ETF during the 2nd quarter worth $1,403,000. 57.65% of the stock is currently owned by institutional investors and hedge funds.

iShares U.S. Technology ETF Stock Down 0.3%

iShares U.S. Technology ETF stock opened at $199.54 on Friday. The company has a fifty day simple moving average of $195.80 and a 200-day simple moving average of $177.42. The firm has a market capitalization of $21.51 billion, a price-to-earnings ratio of 34.95 and a beta of 1.23. iShares U.S. Technology ETF has a 52-week low of $117.55 and a 52-week high of $211.98.

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).