Western Wealth Management LLC Buys 3,539 Shares of iShares U.S. Technology ETF $IYW

Western Wealth Management LLC lifted its stake in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 26.0% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 17,175 shares of the exchange traded fund’s stock after acquiring an additional 3,539 shares during the period. Western Wealth Management LLC’s holdings in iShares U.S. Technology ETF were worth $3,116,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Morgan Stanley increased its stake in iShares U.S. Technology ETF by 3.3% in the fourth quarter. Morgan Stanley now owns 5,773,004 shares of the exchange traded fund’s stock valued at $1,152,754,000 after purchasing an additional 186,297 shares in the last quarter. JPMorgan Chase & Co. boosted its position in shares of iShares U.S. Technology ETF by 34.4% during the 4th quarter. JPMorgan Chase & Co. now owns 4,033,291 shares of the exchange traded fund’s stock worth $805,368,000 after purchasing an additional 1,031,871 shares in the last quarter. UBS Group AG boosted its position in shares of iShares U.S. Technology ETF by 4.0% during the 3rd quarter. UBS Group AG now owns 1,882,618 shares of the exchange traded fund’s stock worth $368,730,000 after purchasing an additional 72,485 shares in the last quarter. Raymond James Financial Inc. grew its stake in shares of iShares U.S. Technology ETF by 6.5% in the 2nd quarter. Raymond James Financial Inc. now owns 1,598,623 shares of the exchange traded fund’s stock valued at $276,993,000 after buying an additional 97,389 shares during the period. Finally, Ameriprise Financial Inc. grew its stake in shares of iShares U.S. Technology ETF by 2.4% in the 2nd quarter. Ameriprise Financial Inc. now owns 1,156,536 shares of the exchange traded fund’s stock valued at $200,481,000 after buying an additional 27,056 shares during the period. 57.65% of the stock is owned by institutional investors.

iShares U.S. Technology ETF Price Performance

Shares of iShares U.S. Technology ETF stock opened at $238.04 on Friday. iShares U.S. Technology ETF has a one year low of $172.54 and a one year high of $261.01. The firm has a market capitalization of $23.58 billion, a price-to-earnings ratio of 34.95 and a beta of 1.35. The business has a 50-day simple moving average of $245.27 and a 200 day simple moving average of $216.90.

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). 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.