CrossGen Wealth LLC acquired a new stake in shares of iShares U.S. Technology ETF (NYSEARCA:IYW – Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 4,405 shares of the exchange traded fund’s stock, valued at approximately $880,000.
Other institutional investors have also made changes to their positions in the company. Morgan Stanley boosted its position in iShares U.S. Technology ETF by 3.3% during the fourth quarter. Morgan Stanley now owns 5,773,004 shares of the exchange traded fund’s stock worth $1,152,754,000 after purchasing an additional 186,297 shares during the period. JPMorgan Chase & Co. lifted its stake in shares of iShares U.S. Technology ETF by 34.4% in the fourth quarter. JPMorgan Chase & Co. now owns 4,033,291 shares of the exchange traded fund’s stock worth $805,368,000 after buying an additional 1,031,871 shares during the last quarter. UBS Group AG lifted its stake in shares of iShares U.S. Technology ETF by 4.0% in the third quarter. UBS Group AG now owns 1,882,618 shares of the exchange traded fund’s stock worth $368,730,000 after buying an additional 72,485 shares during the last quarter. Raymond James Financial Inc. boosted its holdings in shares of iShares U.S. Technology ETF by 6.5% during the 2nd quarter. Raymond James Financial Inc. now owns 1,598,623 shares of the exchange traded fund’s stock worth $276,993,000 after buying an additional 97,389 shares during the period. Finally, Ameriprise Financial Inc. boosted its holdings in shares of iShares U.S. Technology ETF by 2.4% during the 2nd quarter. Ameriprise Financial Inc. now owns 1,156,536 shares of the exchange traded fund’s stock worth $200,481,000 after buying an additional 27,056 shares during the period. 57.65% of the stock is owned by institutional investors.
iShares U.S. Technology ETF Trading Up 2.9%
NYSEARCA:IYW opened at $253.57 on Friday. The firm has a market capitalization of $24.94 billion, a PE ratio of 34.95 and a beta of 1.36. iShares U.S. Technology ETF has a 1 year low of $162.98 and a 1 year high of $261.01. The firm’s fifty day simple moving average is $231.52 and its 200 day simple moving average is $207.75.
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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