Swmg LLC Boosts Stock Position in iShares U.S. Technology ETF $IYW

Swmg LLC lifted its holdings in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 45.2% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 29,590 shares of the exchange traded fund’s stock after acquiring an additional 9,211 shares during the period. iShares U.S. Technology ETF makes up approximately 1.6% of Swmg LLC’s investment portfolio, making the stock its 16th largest holding. Swmg LLC’s holdings in iShares U.S. Technology ETF were worth $5,725,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of IYW. AQR Capital Management LLC grew its stake in shares of iShares U.S. Technology ETF by 58.1% during the first quarter. AQR Capital Management LLC now owns 10,066 shares of the exchange traded fund’s stock worth $1,414,000 after acquiring an additional 3,699 shares during the last quarter. Russell Investments Group Ltd. grew its stake in shares of iShares U.S. Technology ETF by 9.8% during the second quarter. Russell Investments Group Ltd. now owns 1,094 shares of the exchange traded fund’s stock worth $190,000 after acquiring an additional 98 shares during the last quarter. First Trust Advisors LP purchased a new stake in shares of iShares U.S. Technology ETF during the second quarter worth about $222,000. Main Street Financial Solutions LLC grew its stake in shares of iShares U.S. Technology ETF by 95.7% during the second quarter. Main Street Financial Solutions LLC now owns 2,851 shares of the exchange traded fund’s stock worth $494,000 after acquiring an additional 1,394 shares during the last quarter. Finally, Ieq Capital LLC grew its stake in shares of iShares U.S. Technology ETF by 0.8% during the second quarter. Ieq Capital LLC now owns 20,844 shares of the exchange traded fund’s stock worth $3,612,000 after acquiring an additional 166 shares during the last quarter. Hedge funds and other institutional investors own 57.65% of the company’s stock.

iShares U.S. Technology ETF Stock Performance

Shares of IYW stock opened at $246.33 on Thursday. iShares U.S. Technology ETF has a fifty-two week low of $155.68 and a fifty-two week high of $248.45. The firm has a market capitalization of $24.23 billion, a price-to-earnings ratio of 34.95 and a beta of 1.33. The stock’s 50-day simple moving average is $210.78 and its 200-day simple moving average is $201.89.

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.