iShares U.S. Technology ETF $IYW Shares Purchased by PFG Investments LLC

PFG Investments LLC boosted its holdings in iShares U.S. Technology ETF (NYSEARCA:IYW) by 1.6% during the second quarter, Holdings Channel reports. The institutional investor owned 33,503 shares of the exchange traded fund’s stock after buying an additional 523 shares during the period. PFG Investments LLC’s holdings in iShares U.S. Technology ETF were worth $5,805,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in IYW. Hoey Investments Inc. purchased a new stake in iShares U.S. Technology ETF in the first quarter valued at approximately $27,000. Trust Co. of Vermont acquired a new position in shares of iShares U.S. Technology ETF in the 1st quarter valued at $30,000. Park Square Financial Group LLC grew its stake in shares of iShares U.S. Technology ETF by 588.2% during the 1st quarter. Park Square Financial Group LLC now owns 234 shares of the exchange traded fund’s stock valued at $33,000 after buying an additional 200 shares during the period. SJS Investment Consulting Inc. purchased a new stake in shares of iShares U.S. Technology ETF during the 2nd quarter valued at $41,000. Finally, Accredited Wealth Management LLC purchased a new stake in shares of iShares U.S. Technology ETF during the 1st quarter valued at $33,000. 57.65% of the stock is owned by institutional investors and hedge funds.

iShares U.S. Technology ETF Stock Up 0.5%

Shares of NYSEARCA IYW opened at $195.86 on Wednesday. iShares U.S. Technology ETF has a 52-week low of $117.55 and a 52-week high of $197.11. The stock has a market capitalization of $24.49 billion, a PE ratio of 34.95 and a beta of 1.15. The firm has a fifty day moving average of $185.01 and a 200-day moving average of $165.12.

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).