BBR Partners LLC lifted its holdings in iShares U.S. Technology ETF (NYSEARCA:IYW – Free Report) by 33.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 41,173 shares of the exchange traded fund’s stock after buying an additional 10,433 shares during the period. iShares U.S. Technology ETF makes up 0.4% of BBR Partners LLC’s holdings, making the stock its 26th biggest position. BBR Partners LLC’s holdings in iShares U.S. Technology ETF were worth $8,221,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Principal Financial Group Inc. raised its stake in iShares U.S. Technology ETF by 99.1% during the third quarter. Principal Financial Group Inc. now owns 107,427 shares of the exchange traded fund’s stock worth $21,041,000 after purchasing an additional 53,466 shares during the period. Compound Planning Inc. raised its stake in shares of iShares U.S. Technology ETF by 10.7% in the 3rd quarter. Compound Planning Inc. now owns 135,021 shares of the exchange traded fund’s stock valued at $26,445,000 after acquiring an additional 13,045 shares during the period. Clear Creek Financial Management LLC raised its stake in shares of iShares U.S. Technology ETF by 32.2% in the 3rd quarter. Clear Creek Financial Management LLC now owns 11,842 shares of the exchange traded fund’s stock valued at $2,319,000 after acquiring an additional 2,882 shares during the period. Bartlett & CO. Wealth Management LLC raised its stake 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 acquiring an additional 7,217 shares during the period. Finally, ASL Financial LLC purchased a new stake in shares of iShares U.S. Technology ETF in the 4th quarter valued at approximately $718,000. 57.65% of the stock is owned by hedge funds and other institutional investors.
iShares U.S. Technology ETF Stock Performance
iShares U.S. Technology ETF stock opened at $256.42 on Friday. The company’s 50 day simple moving average is $218.98 and its 200-day simple moving average is $204.19. The company has a market capitalization of $25.22 billion, a price-to-earnings ratio of 34.95 and a beta of 1.36. iShares U.S. Technology ETF has a 1 year low of $161.13 and a 1 year high of $261.01.
iShares U.S. Technology ETF 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). 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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