iShares U.S. Technology ETF $IYW Shares Bought by Stonebrook Private Inc.

Stonebrook Private Inc. raised its holdings in iShares U.S. Technology ETF (NYSEARCA:IYW) by 19.9% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 17,022 shares of the exchange traded fund’s stock after purchasing an additional 2,829 shares during the period. Stonebrook Private Inc.’s holdings in iShares U.S. Technology ETF were worth $2,949,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the business. Picton Mahoney Asset Management lifted its holdings in iShares U.S. Technology ETF by 16.7% during the first quarter. Picton Mahoney Asset Management now owns 700 shares of the exchange traded fund’s stock valued at $98,000 after purchasing an additional 100 shares in the last quarter. Presilium Private Wealth LLC acquired a new position in shares of iShares U.S. Technology ETF during the 2nd quarter worth about $203,000. Arkadios Wealth Advisors raised its position in shares of iShares U.S. Technology ETF by 66.4% during the 1st quarter. Arkadios Wealth Advisors now owns 21,965 shares of the exchange traded fund’s stock worth $3,085,000 after purchasing an additional 8,764 shares during the last quarter. Sigma Investment Counselors Inc. purchased a new position in iShares U.S. Technology ETF in the 2nd quarter valued at about $224,000. Finally, NorthRock Partners LLC boosted its holdings in iShares U.S. Technology ETF by 1.5% in the 1st quarter. NorthRock Partners LLC now owns 5,576 shares of the exchange traded fund’s stock worth $783,000 after buying an additional 83 shares during the last quarter. 57.65% of the stock is owned by institutional investors and hedge funds.

iShares U.S. Technology ETF Trading Down 1.5%

NYSEARCA:IYW opened at $193.37 on Wednesday. The stock has a 50 day moving average of $198.20 and a two-hundred day moving average of $180.82. iShares U.S. Technology ETF has a 12 month low of $117.55 and a 12 month high of $211.98. The firm has a market cap of $20.85 billion, a P/E ratio of 34.95 and a beta of 1.23.

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).