Flow Traders U.S. LLC Makes New Investment in iShares U.S. Technology ETF $IYW

Flow Traders U.S. LLC purchased a new stake in iShares U.S. Technology ETF (NYSEARCA:IYW) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 25,583 shares of the exchange traded fund’s stock, valued at approximately $5,011,000.

Other institutional investors also recently modified their holdings of the company. Principal Financial Group Inc. raised its holdings in iShares U.S. Technology ETF by 99.1% during the 3rd quarter. Principal Financial Group Inc. now owns 107,427 shares of the exchange traded fund’s stock valued at $21,041,000 after acquiring an additional 53,466 shares during the period. Compound Planning Inc. lifted its position in shares of iShares U.S. Technology ETF by 10.7% during the third quarter. Compound Planning Inc. now owns 135,021 shares of the exchange traded fund’s stock worth $26,445,000 after acquiring an additional 13,045 shares in the last quarter. Clear Creek Financial Management LLC boosted its holdings in shares of iShares U.S. Technology ETF by 32.2% in the third quarter. Clear Creek Financial Management LLC now owns 11,842 shares of the exchange traded fund’s stock worth $2,319,000 after acquiring an additional 2,882 shares during the period. Ashton Thomas Securities LLC bought a new position in shares of iShares U.S. Technology ETF in the third quarter worth $1,093,000. Finally, HB Wealth Management LLC grew its position in shares of iShares U.S. Technology ETF by 48.2% in the third quarter. HB Wealth Management LLC now owns 16,713 shares of the exchange traded fund’s stock valued at $3,274,000 after purchasing an additional 5,439 shares in the last quarter. 57.65% of the stock is currently owned by hedge funds and other institutional investors.

iShares U.S. Technology ETF Stock Performance

NYSEARCA:IYW opened at $187.24 on Monday. iShares U.S. Technology ETF has a 52-week low of $117.55 and a 52-week high of $211.98. The firm has a market cap of $19.59 billion, a price-to-earnings ratio of 34.95 and a beta of 1.23. The business’s fifty day moving average is $195.34 and its 200 day moving average is $196.45.

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.