Signaturefd LLC Purchases New Stake in iShares U.S. Technology ETF $IYW

Signaturefd LLC acquired a new stake in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 5,682 shares of the exchange traded fund’s stock, valued at approximately $1,505,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Envestnet Asset Management Inc. lifted its position in iShares U.S. Technology ETF by 2.4% in 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 buying an additional 31,952 shares in the last quarter. Hsbc Holdings PLC grew its holdings in shares of iShares U.S. Technology ETF by 10.3% during the 1st quarter. Hsbc Holdings PLC now owns 977,825 shares of the exchange traded fund’s stock valued at $177,397,000 after acquiring an additional 91,338 shares in the last quarter. The Manufacturers Life Insurance Company acquired a new position in shares of iShares U.S. Technology ETF in the second quarter worth $200,579,000. Kestra Advisory Services LLC increased its stake in shares of iShares U.S. Technology ETF by 11.0% in the first quarter. Kestra Advisory Services LLC now owns 495,359 shares of the exchange traded fund’s stock worth $89,868,000 after acquiring an additional 48,940 shares during the last quarter. Finally, Sanctuary Advisors LLC increased its stake in shares of iShares U.S. Technology ETF by 10.6% in the first quarter. Sanctuary Advisors LLC now owns 231,479 shares of the exchange traded fund’s stock worth $41,995,000 after acquiring an additional 22,151 shares during the last quarter. 57.65% of the stock is owned by hedge funds and other institutional investors.

iShares U.S. Technology ETF Trading Up 1.2%

Shares of NYSEARCA:IYW opened at $252.88 on Tuesday. iShares U.S. Technology ETF has a 1 year low of $172.54 and a 1 year high of $274.44. The business has a fifty day simple moving average of $256.81 and a 200 day simple moving average of $228.35. The firm has a market cap of $24.57 billion, a price-to-earnings ratio of 34.95 and a beta of 1.35.

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.