6,746 Shares in iShares U.S. Technology ETF $IYW Bought by Brooktree Capital Management

Brooktree Capital Management bought a new position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) in the 2nd quarter, HoldingsChannel.com reports. The institutional investor bought 6,746 shares of the exchange traded fund’s stock, valued at approximately $1,169,000. iShares U.S. Technology ETF accounts for about 0.8% of Brooktree Capital Management’s investment portfolio, making the stock its 19th biggest position.

A number of other institutional investors have also recently made changes to their positions in IYW. Harbor Asset Planning Inc. bought a new stake in shares of iShares U.S. Technology ETF in the 2nd quarter valued at about $27,000. Bogart Wealth LLC raised its holdings in iShares U.S. Technology ETF by 189.3% during the 2nd quarter. Bogart Wealth LLC now owns 162 shares of the exchange traded fund’s stock worth $28,000 after purchasing an additional 106 shares during the last quarter. Park Square Financial Group LLC raised its holdings in iShares U.S. Technology ETF by 588.2% during the 1st quarter. Park Square Financial Group LLC now owns 234 shares of the exchange traded fund’s stock worth $33,000 after purchasing an additional 200 shares during the last quarter. Accredited Wealth Management LLC bought a new position in iShares U.S. Technology ETF during the 1st quarter worth approximately $33,000. Finally, Tsfg LLC raised its holdings in iShares U.S. Technology ETF by 35.4% during the 2nd quarter. Tsfg LLC now owns 222 shares of the exchange traded fund’s stock worth $38,000 after purchasing an additional 58 shares during the last quarter. Institutional investors own 57.65% of the company’s stock.

iShares U.S. Technology ETF Stock Up 0.3%

IYW opened at $204.20 on Thursday. iShares U.S. Technology ETF has a twelve month low of $117.55 and a twelve month high of $211.98. The company has a fifty day moving average of $195.13 and a 200-day moving average of $176.75. The stock has a market cap of $22.01 billion, a PE ratio of 34.95 and a beta of 1.23.

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).