Valtinson Bruner Financial Planning LLC Buys Shares of 1,487 iShares U.S. Technology ETF $IYW

Valtinson Bruner Financial Planning LLC purchased a new position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) in the 2nd quarter, HoldingsChannel.com reports. The institutional investor purchased 1,487 shares of the exchange traded fund’s stock, valued at approximately $258,000.

Several other large investors have also recently added to or reduced their stakes in the stock. The Manufacturers Life Insurance Company boosted its stake in shares of iShares U.S. Technology ETF by 113.3% during the 1st quarter. The Manufacturers Life Insurance Company now owns 1,021,938 shares of the exchange traded fund’s stock valued at $143,521,000 after buying an additional 542,816 shares during the period. Liberty Wealth Management LLC grew its stake in iShares U.S. Technology ETF by 795.5% in the first quarter. Liberty Wealth Management LLC now owns 416,723 shares of the exchange traded fund’s stock valued at $58,525,000 after purchasing an additional 370,190 shares in the last quarter. LPL Financial LLC increased its position in iShares U.S. Technology ETF by 4.4% in the 1st quarter. LPL Financial LLC now owns 5,335,760 shares of the exchange traded fund’s stock worth $749,354,000 after purchasing an additional 224,438 shares during the last quarter. PGIM Custom Harvest LLC raised its stake in shares of iShares U.S. Technology ETF by 4.4% during the 1st quarter. PGIM Custom Harvest LLC now owns 4,528,761 shares of the exchange traded fund’s stock worth $636,019,000 after purchasing an additional 192,008 shares in the last quarter. Finally, Ascent Group LLC raised its stake in shares of iShares U.S. Technology ETF by 251.7% during the 1st quarter. Ascent Group LLC now owns 158,880 shares of the exchange traded fund’s stock worth $22,313,000 after purchasing an additional 113,709 shares in the last quarter. Institutional investors and hedge funds own 57.65% of the company’s stock.

iShares U.S. Technology ETF Stock Performance

NYSEARCA:IYW opened at $200.10 on Friday. The company has a market capitalization of $21.57 billion, a P/E ratio of 34.95 and a beta of 1.23. The stock’s 50 day moving average price is $195.44 and its 200 day moving average price is $176.92. iShares U.S. Technology ETF has a 52 week low of $117.55 and a 52 week high of $211.98.

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).