Fountainhead AM LLC Purchases 821 Shares of iShares U.S. Technology ETF $IYW

Fountainhead AM LLC lifted its position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 16.2% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,883 shares of the exchange traded fund’s stock after acquiring an additional 821 shares during the quarter. Fountainhead AM LLC’s holdings in iShares U.S. Technology ETF were worth $1,019,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Harbor Asset Planning Inc. acquired a new stake in shares of iShares U.S. Technology ETF during the second quarter valued at about $27,000. Bogart Wealth LLC increased its stake in shares of iShares U.S. Technology ETF by 189.3% in 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 period. Accredited Wealth Management LLC bought a new position in iShares U.S. Technology ETF in the 1st quarter valued at approximately $33,000. Tsfg LLC raised its holdings in iShares U.S. Technology ETF by 35.4% in the 2nd quarter. Tsfg LLC now owns 222 shares of the exchange traded fund’s stock valued at $38,000 after buying an additional 58 shares during the last quarter. Finally, Private Wealth Asset Management LLC acquired a new position in shares of iShares U.S. Technology ETF during the second quarter worth $39,000. Institutional investors own 57.65% of the company’s stock.

iShares U.S. Technology ETF Stock Down 0.3%

NYSEARCA IYW opened at $199.54 on Monday. The company has a market capitalization of $21.51 billion, a price-to-earnings ratio of 34.95 and a beta of 1.23. iShares U.S. Technology ETF has a twelve month low of $117.55 and a twelve month high of $211.98. The stock has a fifty day simple moving average of $195.80 and a 200 day simple moving average of $178.04.

About iShares U.S. Technology ETF

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).