Worth Asset Management LLC purchased a new stake in iShares U.S. Technology ETF (NYSEARCA:IYW – Free Report) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 5,996 shares of the exchange traded fund’s stock, valued at approximately $1,512,000.
A number of other institutional investors also recently bought and sold shares of IYW. Bartlett & CO. Wealth Management LLC grew its position in shares of iShares U.S. Technology ETF by 20.6% in the 4th quarter. Bartlett & CO. Wealth Management LLC now owns 42,286 shares of the exchange traded fund’s stock valued at $8,444,000 after buying an additional 7,217 shares during the last quarter. JPMorgan Chase & Co. raised its stake in iShares U.S. Technology ETF by 34.4% during the 4th quarter. JPMorgan Chase & Co. now owns 4,033,291 shares of the exchange traded fund’s stock worth $805,368,000 after acquiring an additional 1,031,871 shares in the last quarter. Farther Finance Advisors LLC lifted its position in iShares U.S. Technology ETF by 4.7% in the fourth quarter. Farther Finance Advisors LLC now owns 60,006 shares of the exchange traded fund’s stock valued at $11,982,000 after acquiring an additional 2,674 shares during the last quarter. Tudor Investment Corp ET AL lifted its position in iShares U.S. Technology ETF by 714.4% in the third quarter. Tudor Investment Corp ET AL now owns 23,284 shares of the exchange traded fund’s stock valued at $4,560,000 after acquiring an additional 20,425 shares during the last quarter. Finally, Rede Wealth LLC purchased a new stake in iShares U.S. Technology ETF in the fourth quarter valued at $972,000. 57.65% of the stock is owned by hedge funds and other institutional investors.
iShares U.S. Technology ETF Price Performance
NYSEARCA IYW opened at $254.05 on Friday. The company has a fifty day moving average of $245.57 and a two-hundred day moving average of $218.65. The company has a market capitalization of $25.16 billion, a PE ratio of 34.95 and a beta of 1.36. iShares U.S. Technology ETF has a 1 year low of $172.54 and a 1 year high of $261.01.
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). The Index measures the performance of the technology sector of the United States equity market, and includes companies in the industry groups, such as software and computer services and technology hardware and equipment.
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