107,349 Shares of iShares U.S. Technology ETF $IYW Purchased by Patton Albertson Miller Group LLC

Patton Albertson Miller Group LLC purchased a new stake in iShares U.S. Technology ETF (NYSEARCA:IYW) during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 107,349 shares of the exchange traded fund’s stock, valued at approximately $28,437,000. iShares U.S. Technology ETF makes up about 2.9% of Patton Albertson Miller Group LLC’s investment portfolio, making the stock its 6th largest holding. Patton Albertson Miller Group LLC owned 0.11% of iShares U.S. Technology ETF at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the business. Envestnet Asset Management Inc. increased its stake in shares of iShares U.S. Technology ETF by 2.4% during the 2nd quarter. Envestnet Asset Management Inc. now owns 1,352,659 shares of the exchange traded fund’s stock worth $341,174,000 after purchasing an additional 31,952 shares in the last quarter. Hsbc Holdings PLC lifted its stake in iShares U.S. Technology ETF by 10.3% in the 1st quarter. Hsbc Holdings PLC now owns 977,825 shares of the exchange traded fund’s stock valued at $177,397,000 after buying an additional 91,338 shares in the last quarter. The Manufacturers Life Insurance Company purchased a new stake in iShares U.S. Technology ETF in the 2nd quarter valued at approximately $200,579,000. Kestra Advisory Services LLC grew its holdings in iShares U.S. Technology ETF by 11.0% during the 1st quarter. Kestra Advisory Services LLC now owns 495,359 shares of the exchange traded fund’s stock valued at $89,868,000 after buying an additional 48,940 shares during the last quarter. Finally, Sanctuary Advisors LLC grew its holdings in iShares U.S. Technology ETF by 10.6% during the 1st quarter. Sanctuary Advisors LLC now owns 231,479 shares of the exchange traded fund’s stock valued at $41,995,000 after buying an additional 22,151 shares during the last quarter. 57.65% of the stock is currently owned by institutional investors and hedge funds.

iShares U.S. Technology ETF Stock Performance

Shares of NYSEARCA:IYW opened at $252.88 on Tuesday. The business’s fifty day moving average price is $256.81 and its two-hundred day moving average price is $228.35. The stock has a market cap of $24.57 billion, a PE ratio of 34.95 and a beta of 1.35. iShares U.S. Technology ETF has a one year low of $172.54 and a one year high of $274.44.

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.