Mutual Advisors LLC Purchases 65 Shares of iShares U.S. Technology ETF $IYW

Mutual Advisors LLC increased its position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 0.2% in the second quarter, Holdings Channel reports. The institutional investor owned 36,187 shares of the exchange traded fund’s stock after buying an additional 65 shares during the period. Mutual Advisors LLC’s holdings in iShares U.S. Technology ETF were worth $6,513,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Trust Co. of Vermont bought a new position in shares of iShares U.S. Technology ETF during the first quarter worth about $30,000. Park Square Financial Group LLC grew its holdings in shares of iShares U.S. Technology ETF by 588.2% during the first quarter. Park Square Financial Group LLC now owns 234 shares of the exchange traded fund’s stock worth $33,000 after buying an additional 200 shares in the last quarter. Accredited Wealth Management LLC bought a new position in shares of iShares U.S. Technology ETF during the first quarter worth about $33,000. Private Wealth Asset Management LLC bought a new position in shares of iShares U.S. Technology ETF during the second quarter worth about $39,000. Finally, SJS Investment Consulting Inc. acquired a new position in iShares U.S. Technology ETF during the second quarter valued at approximately $41,000. 57.65% of the stock is currently owned by institutional investors.

iShares U.S. Technology ETF Stock Performance

Shares of NYSEARCA IYW opened at $196.60 on Thursday. The stock has a 50 day moving average price of $188.82 and a 200 day moving average price of $168.90. iShares U.S. Technology ETF has a 52 week low of $117.55 and a 52 week high of $201.50. The stock has a market capitalization of $21.06 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).