iShares U.S. Technology ETF $IYW Holdings Raised by International Assets Investment Management LLC

International Assets Investment Management LLC lifted its stake in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 51.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 9,355 shares of the exchange traded fund’s stock after purchasing an additional 3,180 shares during the quarter. International Assets Investment Management LLC’s holdings in iShares U.S. Technology ETF were worth $1,868,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Triumph Capital Management acquired a new stake in iShares U.S. Technology ETF during the 3rd quarter worth about $28,000. Bangor Savings Bank purchased a new position in shares of iShares U.S. Technology ETF in the third quarter worth approximately $31,000. Hantz Financial Services Inc. purchased a new position in shares of iShares U.S. Technology ETF in the third quarter worth approximately $31,000. Collier Financial purchased a new position in shares of iShares U.S. Technology ETF in the third quarter worth approximately $37,000. Finally, Beacon Financial Strategies CORP purchased a new position in shares of iShares U.S. Technology ETF in the fourth quarter worth approximately $41,000. 57.65% of the stock is currently owned by institutional investors.

iShares U.S. Technology ETF Price Performance

iShares U.S. Technology ETF stock opened at $238.64 on Friday. The firm’s 50 day simple moving average is $196.92 and its 200-day simple moving average is $198.33. The company has a market cap of $23.47 billion, a P/E ratio of 34.95 and a beta of 1.33. iShares U.S. Technology ETF has a fifty-two week low of $147.48 and a fifty-two week high of $238.68.

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). 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.