Tradewinds LLC. Invests $1.40 Million in iShares U.S. Technology ETF $IYW

Tradewinds LLC. bought a new position in iShares U.S. Technology ETF (NYSEARCA:IYW) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 8,099 shares of the exchange traded fund’s stock, valued at approximately $1,403,000.

Several other institutional investors also recently made changes to their positions in the stock. Bessemer Group Inc. lifted its holdings in shares of iShares U.S. Technology ETF by 19.8% in the 1st quarter. Bessemer Group Inc. now owns 1,199 shares of the exchange traded fund’s stock worth $168,000 after purchasing an additional 198 shares during the last quarter. DAVENPORT & Co LLC lifted its stake in iShares U.S. Technology ETF by 12.2% in the first quarter. DAVENPORT & Co LLC now owns 10,329 shares of the exchange traded fund’s stock valued at $1,451,000 after buying an additional 1,125 shares during the last quarter. First Horizon Advisors Inc. boosted its holdings in shares of iShares U.S. Technology ETF by 1.8% during the first quarter. First Horizon Advisors Inc. now owns 92,067 shares of the exchange traded fund’s stock valued at $12,930,000 after acquiring an additional 1,599 shares during the period. Silver Oak Securities Incorporated grew its position in shares of iShares U.S. Technology ETF by 27.3% during the first quarter. Silver Oak Securities Incorporated now owns 11,637 shares of the exchange traded fund’s stock worth $1,637,000 after acquiring an additional 2,496 shares during the last quarter. Finally, Strategic Blueprint LLC grew its position in shares of iShares U.S. Technology ETF by 2.9% during the first quarter. Strategic Blueprint LLC now owns 79,572 shares of the exchange traded fund’s stock worth $11,175,000 after acquiring an additional 2,273 shares during the last quarter. 57.65% of the stock is owned by institutional investors.

iShares U.S. Technology ETF Stock Down 1.6%

Shares of NYSEARCA:IYW opened at $207.85 on Friday. The company’s 50-day moving average price is $193.19 and its 200 day moving average price is $174.44. The company has a market cap of $22.19 billion, a PE ratio of 34.95 and a beta of 1.23. iShares U.S. Technology ETF has a fifty-two week low of $117.55 and a fifty-two week high of $211.98.

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).