Focus Partners Advisor Solutions LLC Grows Stake in iShares U.S. Technology ETF $IYW

Focus Partners Advisor Solutions LLC grew its position in iShares U.S. Technology ETF (NYSEARCA:IYW) by 70.7% during the 2nd quarter, Holdings Channel.com reports. The firm owned 6,054 shares of the exchange traded fund’s stock after purchasing an additional 2,508 shares during the period. Focus Partners Advisor Solutions LLC’s holdings in iShares U.S. Technology ETF were worth $1,049,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of IYW. Harbor Asset Planning Inc. purchased a new position in iShares U.S. Technology ETF in the second quarter worth $27,000. Bogart Wealth LLC grew its holdings in shares of iShares U.S. Technology ETF by 189.3% during the second quarter. Bogart Wealth LLC now owns 162 shares of the exchange traded fund’s stock valued at $28,000 after buying an additional 106 shares during the last quarter. Park Square Financial Group LLC grew its holdings in shares of iShares U.S. Technology ETF by 588.2% during the first quarter. Park Square Financial Group LLC now owns 234 shares of the exchange traded fund’s stock valued at $33,000 after buying an additional 200 shares during the last quarter. Accredited Wealth Management LLC purchased a new stake in shares of iShares U.S. Technology ETF during the first quarter valued at $33,000. Finally, Private Wealth Asset Management LLC purchased a new stake in shares of iShares U.S. Technology ETF during the second quarter valued at $39,000. 57.65% of the stock is owned by hedge funds and other institutional investors.

iShares U.S. Technology ETF Price Performance

Shares of IYW opened at $207.31 on Tuesday. The firm has a market capitalization of $22.10 billion, a PE ratio of 34.95 and a beta of 1.23. iShares U.S. Technology ETF has a 1-year low of $117.55 and a 1-year high of $207.42. The company’s fifty day moving average price is $191.39 and its 200-day moving average price is $173.15.

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).