iShares U.S. Technology ETF $IYW Shares Acquired by Lido Advisors LLC

Lido Advisors LLC lifted its stake in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 12.7% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 61,361 shares of the exchange traded fund’s stock after purchasing an additional 6,926 shares during the period. Lido Advisors LLC’s holdings in iShares U.S. Technology ETF were worth $12,053,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in IYW. Axxcess Wealth Management LLC acquired a new position in shares of iShares U.S. Technology ETF during the fourth quarter worth about $41,199,000. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main grew its position in shares of iShares U.S. Technology ETF by 14,772.9% during the second quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 171,187 shares of the exchange traded fund’s stock worth $29,662,000 after buying an additional 170,036 shares in the last quarter. BNP Paribas Financial Markets grew its position in shares of iShares U.S. Technology ETF by 11,291.6% during the third quarter. BNP Paribas Financial Markets now owns 144,445 shares of the exchange traded fund’s stock worth $28,291,000 after buying an additional 143,177 shares in the last quarter. Raymond James Financial Inc. grew its position in shares of iShares U.S. Technology ETF by 6.5% during the second quarter. Raymond James Financial Inc. now owns 1,598,623 shares of the exchange traded fund’s stock worth $276,993,000 after buying an additional 97,389 shares in the last quarter. Finally, TBH Global Asset Management LLC grew its position in shares of iShares U.S. Technology ETF by 2,656.6% during the fourth quarter. TBH Global Asset Management LLC now owns 89,590 shares of the exchange traded fund’s stock worth $17,889,000 after buying an additional 86,340 shares in the last quarter. 57.65% of the stock is owned by institutional investors and hedge funds.

iShares U.S. Technology ETF Stock Performance

Shares of iShares U.S. Technology ETF stock opened at $241.25 on Friday. iShares U.S. Technology ETF has a one year low of $162.80 and a one year high of $261.01. The company has a market cap of $23.73 billion, a PE ratio of 34.95 and a beta of 1.36. The business has a 50-day simple moving average of $220.09 and a 200-day simple moving average of $204.45.

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). The Index measures the performance of the technology sector of the United States equity market, and includes companies in the industry groups, such as software and computer services and technology hardware and equipment.