Focus Partners Wealth Acquires 255,584 Shares of iShares U.S. Technology ETF $IYW

Focus Partners Wealth raised its holdings in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 450.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 312,367 shares of the exchange traded fund’s stock after purchasing an additional 255,584 shares during the quarter. Focus Partners Wealth owned 0.30% of iShares U.S. Technology ETF worth $62,373,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also bought and sold shares of the business. Compound Planning Inc. raised its stake in shares of iShares U.S. Technology ETF by 10.7% in the third quarter. Compound Planning Inc. now owns 135,021 shares of the exchange traded fund’s stock valued at $26,445,000 after acquiring an additional 13,045 shares during the period. Clear Creek Financial Management LLC raised its stake in shares of iShares U.S. Technology ETF by 32.2% in the third quarter. Clear Creek Financial Management LLC now owns 11,842 shares of the exchange traded fund’s stock valued at $2,319,000 after acquiring an additional 2,882 shares during the period. Bartlett & CO. Wealth Management LLC raised its stake in shares of iShares U.S. Technology ETF by 20.6% in the fourth quarter. Bartlett & CO. Wealth Management LLC now owns 42,286 shares of the exchange traded fund’s stock valued at $8,444,000 after acquiring an additional 7,217 shares during the period. JPMorgan Chase & Co. raised its stake in shares of iShares U.S. Technology ETF by 34.4% in the fourth quarter. JPMorgan Chase & Co. now owns 4,033,291 shares of the exchange traded fund’s stock valued at $805,368,000 after acquiring an additional 1,031,871 shares during the period. Finally, ASL Financial LLC purchased a new stake in shares of iShares U.S. Technology ETF in the fourth quarter valued at $718,000. Institutional investors own 57.65% of the company’s stock.

iShares U.S. Technology ETF Trading Up 3.7%

Shares of IYW opened at $253.97 on Tuesday. iShares U.S. Technology ETF has a twelve month low of $162.98 and a twelve month high of $261.01. The company has a market cap of $24.98 billion, a P/E ratio of 34.95 and a beta of 1.36. The company’s fifty day simple moving average is $227.74 and its 200-day simple moving average is $206.66.

iShares U.S. Technology ETF Company 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.