Gries Financial LLC Has $11.99 Million Stock Holdings in iShares U.S. Technology ETF (NYSEARCA:IYW)

Gries Financial LLC boosted its position in iShares U.S. Technology ETF (NYSEARCA:IYW) by 2.7% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 79,088 shares of the exchange traded fund’s stock after acquiring an additional 2,046 shares during the quarter. iShares U.S. Technology ETF accounts for approximately 2.2% of Gries Financial LLC’s portfolio, making the stock its 8th largest holding. Gries Financial LLC owned about 0.06% of iShares U.S. Technology ETF worth $11,991,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Dynasty Wealth Management LLC bought a new position in shares of iShares U.S. Technology ETF during the 1st quarter valued at $119,223,000. 1832 Asset Management L.P. grew its stake in shares of iShares U.S. Technology ETF by 173.9% during the second quarter. 1832 Asset Management L.P. now owns 1,022,598 shares of the exchange traded fund’s stock valued at $153,901,000 after buying an additional 649,192 shares during the last quarter. Hsbc Holdings PLC increased its holdings in shares of iShares U.S. Technology ETF by 1,170.2% in the second quarter. Hsbc Holdings PLC now owns 572,587 shares of the exchange traded fund’s stock worth $86,174,000 after buying an additional 527,510 shares during the period. Cetera Investment Advisers lifted its stake in shares of iShares U.S. Technology ETF by 131.6% in the 1st quarter. Cetera Investment Advisers now owns 743,002 shares of the exchange traded fund’s stock valued at $100,350,000 after acquiring an additional 422,212 shares during the last quarter. Finally, Sanctuary Advisors LLC bought a new stake in shares of iShares U.S. Technology ETF in the 2nd quarter valued at about $57,410,000.

iShares U.S. Technology ETF Stock Performance

IYW traded up $0.57 on Friday, hitting $155.20. 362,887 shares of the company were exchanged, compared to its average volume of 864,935. The firm has a fifty day simple moving average of $148.35 and a two-hundred day simple moving average of $143.90. The stock has a market capitalization of $19.07 billion, a PE ratio of 38.84 and a beta of 1.43. iShares U.S. Technology ETF has a 12 month low of $100.84 and a 12 month high of $158.97.

iShares U.S. Technology ETF Company 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).