Stillwater Capital Advisors LLC Purchases 2,277 Shares of iShares U.S. Technology ETF (NYSEARCA:IYW)

Stillwater Capital Advisors LLC increased its position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 2.1% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 112,020 shares of the exchange traded fund’s stock after purchasing an additional 2,277 shares during the period. iShares U.S. Technology ETF accounts for 2.2% of Stillwater Capital Advisors LLC’s portfolio, making the stock its 21st largest holding. Stillwater Capital Advisors LLC owned 0.09% of iShares U.S. Technology ETF worth $15,732,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Mainstream Capital Management LLC grew its stake in iShares U.S. Technology ETF by 1.3% during the fourth quarter. Mainstream Capital Management LLC now owns 4,945 shares of the exchange traded fund’s stock valued at $789,000 after acquiring an additional 63 shares in the last quarter. TD Waterhouse Canada Inc. grew its stake in iShares U.S. Technology ETF by 1.1% during the fourth quarter. TD Waterhouse Canada Inc. now owns 7,402 shares of the exchange traded fund’s stock valued at $1,180,000 after acquiring an additional 79 shares in the last quarter. SRS Capital Advisors Inc. grew its stake in iShares U.S. Technology ETF by 43.7% during the fourth quarter. SRS Capital Advisors Inc. now owns 296 shares of the exchange traded fund’s stock valued at $47,000 after acquiring an additional 90 shares in the last quarter. GPS Wealth Strategies Group LLC grew its stake in iShares U.S. Technology ETF by 2.1% during the first quarter. GPS Wealth Strategies Group LLC now owns 4,584 shares of the exchange traded fund’s stock valued at $644,000 after acquiring an additional 96 shares in the last quarter. Finally, JARISLOWSKY FRASER Ltd grew its stake in iShares U.S. Technology ETF by 2.9% during the fourth quarter. JARISLOWSKY FRASER Ltd now owns 3,700 shares of the exchange traded fund’s stock valued at $590,000 after acquiring an additional 105 shares in the last quarter.

iShares U.S. Technology ETF Stock Performance

IYW opened at $163.28 on Monday. The stock has a market capitalization of $20.05 billion, a price-to-earnings ratio of 35.28 and a beta of 1.23. The company has a fifty day moving average of $149.49 and a 200 day moving average of $153.93. iShares U.S. Technology ETF has a fifty-two week low of $117.55 and a fifty-two week high of $167.30.

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).