Central Pacific Bank Trust Division Has $9.10 Million Stock Holdings in iShares U.S. Technology ETF $IYW

Central Pacific Bank Trust Division increased its stake in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 104.6% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 36,065 shares of the exchange traded fund’s stock after buying an additional 18,435 shares during the period. iShares U.S. Technology ETF accounts for about 0.9% of Central Pacific Bank Trust Division’s portfolio, making the stock its 18th largest holding. Central Pacific Bank Trust Division’s holdings in iShares U.S. Technology ETF were worth $9,097,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also bought and sold shares of the company. AQR Capital Management LLC grew its position in shares of iShares U.S. Technology ETF by 58.1% in the first quarter. AQR Capital Management LLC now owns 10,066 shares of the exchange traded fund’s stock valued at $1,414,000 after purchasing an additional 3,699 shares during the last quarter. Russell Investments Group Ltd. lifted its holdings in iShares U.S. Technology ETF by 9.8% during the 2nd quarter. Russell Investments Group Ltd. now owns 1,094 shares of the exchange traded fund’s stock worth $190,000 after purchasing an additional 98 shares during the last quarter. First Trust Advisors LP acquired a new stake in iShares U.S. Technology ETF during the 2nd quarter worth approximately $222,000. Main Street Financial Solutions LLC boosted its stake in iShares U.S. Technology ETF by 95.7% in the 2nd quarter. Main Street Financial Solutions LLC now owns 2,851 shares of the exchange traded fund’s stock valued at $494,000 after purchasing an additional 1,394 shares during the period. Finally, Ieq Capital LLC boosted its stake in iShares U.S. Technology ETF by 0.8% in the 2nd quarter. Ieq Capital LLC now owns 20,844 shares of the exchange traded fund’s stock valued at $3,612,000 after purchasing an additional 166 shares during the period. Institutional investors and hedge funds own 57.65% of the company’s stock.

iShares U.S. Technology ETF Price Performance

Shares of NYSEARCA IYW opened at $253.55 on Wednesday. The firm has a market cap of $25.11 billion, a price-to-earnings ratio of 34.95 and a beta of 1.36. The stock’s fifty day moving average price is $245.43 and its two-hundred day moving average price is $217.68. iShares U.S. Technology ETF has a one year low of $172.54 and a one year high of $261.01.

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.