Quotient Wealth Partners LLC Boosts Position in iShares U.S. Technology ETF $IYW

Quotient Wealth Partners LLC grew its position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 0.8% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 382,977 shares of the exchange traded fund’s stock after purchasing an additional 3,163 shares during the period. iShares U.S. Technology ETF makes up about 2.0% of Quotient Wealth Partners LLC’s investment portfolio, making the stock its 16th largest position. Quotient Wealth Partners LLC’s holdings in iShares U.S. Technology ETF were worth $66,358,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the company. LPL Financial LLC raised its stake in shares of iShares U.S. Technology ETF by 4.4% during the first quarter. LPL Financial LLC now owns 5,335,760 shares of the exchange traded fund’s stock valued at $749,354,000 after purchasing an additional 224,438 shares during the period. PGIM Custom Harvest LLC raised its stake in shares of iShares U.S. Technology ETF by 4.4% during the first quarter. PGIM Custom Harvest LLC now owns 4,528,761 shares of the exchange traded fund’s stock valued at $636,019,000 after purchasing an additional 192,008 shares during the period. The Manufacturers Life Insurance Company raised its stake in shares of iShares U.S. Technology ETF by 113.3% during the first quarter. The Manufacturers Life Insurance Company now owns 1,021,938 shares of the exchange traded fund’s stock valued at $143,521,000 after purchasing an additional 542,816 shares during the period. Commonwealth Equity Services LLC raised its stake in shares of iShares U.S. Technology ETF by 8.3% during the first quarter. Commonwealth Equity Services LLC now owns 945,244 shares of the exchange traded fund’s stock valued at $132,750,000 after purchasing an additional 72,139 shares during the period. Finally, Cetera Investment Advisers raised its stake in shares of iShares U.S. Technology ETF by 1.5% during the first quarter. Cetera Investment Advisers now owns 703,233 shares of the exchange traded fund’s stock valued at $98,762,000 after purchasing an additional 10,647 shares during the period. Hedge funds and other institutional investors own 57.65% of the company’s stock.

iShares U.S. Technology ETF Stock Up 0.4%

IYW opened at $197.17 on Friday. The firm has a market capitalization of $21.12 billion, a P/E ratio of 34.95 and a beta of 1.15. The firm’s 50 day moving average is $189.37 and its 200-day moving average is $169.67. iShares U.S. Technology ETF has a 52-week low of $117.55 and a 52-week high of $201.50.

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).