SeaCrest Wealth Management LLC Increases Stake in iShares U.S. Technology ETF $IYW

SeaCrest Wealth Management LLC boosted its holdings in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 7.2% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 9,842 shares of the exchange traded fund’s stock after purchasing an additional 658 shares during the quarter. SeaCrest Wealth Management LLC’s holdings in iShares U.S. Technology ETF were worth $1,705,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently bought and sold shares of IYW. Bank of New York Mellon Corp increased its holdings in shares of iShares U.S. Technology ETF by 9.1% during the 1st quarter. Bank of New York Mellon Corp now owns 376,895 shares of the exchange traded fund’s stock valued at $52,931,000 after purchasing an additional 31,300 shares in the last quarter. Picton Mahoney Asset Management increased its stake in iShares U.S. Technology ETF by 16.7% during the first quarter. Picton Mahoney Asset Management now owns 700 shares of the exchange traded fund’s stock worth $98,000 after purchasing an additional 100 shares during the period. Wealth Enhancement Advisory Services LLC increased its stake in shares of iShares U.S. Technology ETF by 12.4% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 143,291 shares of the exchange traded fund’s stock worth $20,124,000 after buying an additional 15,785 shares during the period. Arkadios Wealth Advisors boosted its holdings in iShares U.S. Technology ETF by 66.4% in the first quarter. Arkadios Wealth Advisors now owns 21,965 shares of the exchange traded fund’s stock valued at $3,085,000 after purchasing an additional 8,764 shares in the last quarter. Finally, NorthRock Partners LLC grew its position in shares of iShares U.S. Technology ETF by 1.5% during the first quarter. NorthRock Partners LLC now owns 5,576 shares of the exchange traded fund’s stock worth $783,000 after acquiring an additional 83 shares during the last quarter. 57.65% of the stock is owned by hedge funds and other institutional investors.

iShares U.S. Technology ETF Price Performance

Shares of NYSEARCA IYW opened at $194.25 on Friday. iShares U.S. Technology ETF has a 1-year low of $117.55 and a 1-year high of $194.39. The stock has a fifty day moving average price of $182.59 and a 200 day moving average price of $162.61. The company has a market cap of $24.29 billion, a PE ratio of 34.95 and a beta of 1.15.

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).