iShares U.S. Technology ETF $IYW Shares Bought by Marino Stram & Associates LLC

Marino Stram & Associates LLC boosted its stake in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 14.3% during the 2nd quarter, Holdings Channel.com reports. The firm owned 2,244 shares of the exchange traded fund’s stock after purchasing an additional 281 shares during the quarter. Marino Stram & Associates LLC’s holdings in iShares U.S. Technology ETF were worth $389,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. PFG Investments LLC boosted its stake in shares of iShares U.S. Technology ETF by 1.6% in the second quarter. PFG Investments LLC now owns 33,503 shares of the exchange traded fund’s stock worth $5,805,000 after buying an additional 523 shares during the last quarter. Consolidated Portfolio Review Corp acquired a new position in iShares U.S. Technology ETF in the second quarter valued at approximately $246,000. BCU Wealth Advisors LLC lifted its holdings in iShares U.S. Technology ETF by 6.7% in the second quarter. BCU Wealth Advisors LLC now owns 6,648 shares of the exchange traded fund’s stock valued at $1,152,000 after acquiring an additional 420 shares during the period. Elwood & Goetz Wealth Advisory Group LLC lifted its holdings in iShares U.S. Technology ETF by 11.3% in the second quarter. Elwood & Goetz Wealth Advisory Group LLC now owns 19,242 shares of the exchange traded fund’s stock valued at $3,334,000 after acquiring an additional 1,958 shares during the period. Finally, Park Place Capital Corp lifted its holdings in iShares U.S. Technology ETF by 128.7% in the second quarter. Park Place Capital Corp now owns 375 shares of the exchange traded fund’s stock valued at $64,000 after acquiring an additional 211 shares during the period. 57.65% of the stock is owned by institutional investors and hedge funds.

iShares U.S. Technology ETF Price Performance

NYSEARCA:IYW opened at $195.86 on Wednesday. The firm has a market cap of $24.49 billion, a price-to-earnings ratio of 34.95 and a beta of 1.15. The company has a 50 day moving average price of $185.01 and a 200-day moving average price of $165.12. iShares U.S. Technology ETF has a 1-year low of $117.55 and a 1-year high of $197.11.

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).