Sofi Wealth LLC Purchases 14,764 Shares of iShares U.S. Technology ETF $IYW

Sofi Wealth LLC boosted its position in iShares U.S. Technology ETF (NYSEARCA:IYW) by 3.6% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 420,020 shares of the exchange traded fund’s stock after acquiring an additional 14,764 shares during the period. iShares U.S. Technology ETF accounts for about 4.4% of Sofi Wealth LLC’s holdings, making the stock its 7th biggest position. Sofi Wealth LLC owned approximately 0.33% of iShares U.S. Technology ETF worth $72,777,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. LPL Financial LLC lifted its holdings in shares of iShares U.S. Technology ETF by 4.4% in the 1st quarter. LPL Financial LLC now owns 5,335,760 shares of the exchange traded fund’s stock worth $749,354,000 after purchasing an additional 224,438 shares in the last quarter. PGIM Custom Harvest LLC lifted its stake in shares of iShares U.S. Technology ETF by 4.4% in the first quarter. PGIM Custom Harvest LLC now owns 4,528,761 shares of the exchange traded fund’s stock valued at $636,019,000 after buying an additional 192,008 shares in the last quarter. The Manufacturers Life Insurance Company lifted its stake in shares of iShares U.S. Technology ETF by 113.3% in the first quarter. The Manufacturers Life Insurance Company now owns 1,021,938 shares of the exchange traded fund’s stock valued at $143,521,000 after buying an additional 542,816 shares in the last quarter. Commonwealth Equity Services LLC grew its holdings in shares of iShares U.S. Technology ETF by 8.3% during the first quarter. Commonwealth Equity Services LLC now owns 945,244 shares of the exchange traded fund’s stock valued at $132,750,000 after buying an additional 72,139 shares during the last quarter. Finally, Cetera Investment Advisers increased its position in shares of iShares U.S. Technology ETF by 1.5% during the first quarter. Cetera Investment Advisers now owns 703,233 shares of the exchange traded fund’s stock worth $98,762,000 after acquiring an additional 10,647 shares in the last quarter. Institutional investors own 57.65% of the company’s stock.

iShares U.S. Technology ETF Price Performance

IYW opened at $199.16 on Monday. iShares U.S. Technology ETF has a fifty-two week low of $117.55 and a fifty-two week high of $211.98. The firm has a market capitalization of $21.47 billion, a PE ratio of 34.95 and a beta of 1.23. The company’s 50-day moving average is $197.79 and its 200 day moving average is $180.14.

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).