Kingsman Wealth Management Inc. Increases Stock Holdings in iShares U.S. Technology ETF $IYW

Kingsman Wealth Management Inc. raised its stake in iShares U.S. Technology ETF (NYSEARCA:IYW) by 12.4% in the third quarter, Holdings Channel.com reports. The firm owned 30,737 shares of the exchange traded fund’s stock after acquiring an additional 3,388 shares during the period. iShares U.S. Technology ETF makes up approximately 3.4% of Kingsman Wealth Management Inc.’s holdings, making the stock its 10th largest holding. Kingsman Wealth Management Inc.’s holdings in iShares U.S. Technology ETF were worth $6,020,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Wealth Quarterback LLC raised its position in shares of iShares U.S. Technology ETF by 4.5% during the third quarter. Wealth Quarterback LLC now owns 19,647 shares of the exchange traded fund’s stock valued at $3,848,000 after buying an additional 843 shares during the last quarter. Fortitude Family Office LLC increased its stake in iShares U.S. Technology ETF by 8,083.6% during the third quarter. Fortitude Family Office LLC now owns 35,353 shares of the exchange traded fund’s stock valued at $6,924,000 after acquiring an additional 34,921 shares during the period. Fort Washington Investment Advisors Inc. OH raised its holdings in iShares U.S. Technology ETF by 22.2% in the 3rd quarter. Fort Washington Investment Advisors Inc. OH now owns 17,857 shares of the exchange traded fund’s stock valued at $3,497,000 after acquiring an additional 3,246 shares in the last quarter. Old North State Wealth Management LLC lifted its position in shares of iShares U.S. Technology ETF by 6.5% in the 3rd quarter. Old North State Wealth Management LLC now owns 3,506 shares of the exchange traded fund’s stock worth $688,000 after acquiring an additional 213 shares during the period. Finally, Traveka Wealth LLC bought a new stake in shares of iShares U.S. Technology ETF in the 3rd quarter worth approximately $290,000. 57.65% of the stock is currently owned by institutional investors and hedge funds.

iShares U.S. Technology ETF Trading Down 0.2%

IYW opened at $201.51 on Wednesday. The stock has a market cap of $21.72 billion, a PE ratio of 34.95 and a beta of 1.23. iShares U.S. Technology ETF has a 1 year low of $117.55 and a 1 year high of $211.98. The stock’s 50 day simple moving average is $200.69 and its 200-day simple moving average is $189.53.

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.