61,218 Shares in iShares U.S. Technology ETF $IYW Acquired by Advisortrust Partners LLC

Advisortrust Partners LLC purchased a new position in iShares U.S. Technology ETF (NYSEARCA:IYW) during the 4th quarter, HoldingsChannel reports. The institutional investor purchased 61,218 shares of the exchange traded fund’s stock, valued at approximately $12,224,000. iShares U.S. Technology ETF comprises approximately 5.4% of Advisortrust Partners LLC’s holdings, making the stock its 3rd largest holding.

A number of other institutional investors also recently modified their holdings of IYW. Compound Planning Inc. raised its stake in shares of iShares U.S. Technology ETF by 10.7% in the third quarter. Compound Planning Inc. now owns 135,021 shares of the exchange traded fund’s stock worth $26,445,000 after purchasing an additional 13,045 shares during the last quarter. JPMorgan Chase & Co. boosted its position in shares of iShares U.S. Technology ETF by 34.4% during the fourth quarter. JPMorgan Chase & Co. now owns 4,033,291 shares of the exchange traded fund’s stock valued at $805,368,000 after buying an additional 1,031,871 shares during the last quarter. Bartlett & CO. Wealth Management LLC grew its holdings in iShares U.S. Technology ETF by 20.6% during the fourth quarter. Bartlett & CO. Wealth Management LLC now owns 42,286 shares of the exchange traded fund’s stock worth $8,444,000 after buying an additional 7,217 shares in the last quarter. Clear Creek Financial Management LLC grew its holdings in iShares U.S. Technology ETF by 32.2% during 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 buying an additional 2,882 shares in the last quarter. Finally, ASL Financial LLC purchased a new stake in iShares U.S. Technology ETF in the 4th quarter valued at $718,000. 57.65% of the stock is owned by institutional investors and hedge funds.

iShares U.S. Technology ETF Price Performance

IYW opened at $253.57 on Friday. iShares U.S. Technology ETF has a 1 year low of $162.98 and a 1 year high of $261.01. The company has a market capitalization of $24.94 billion, a price-to-earnings ratio of 34.95 and a beta of 1.36. The firm’s fifty day moving average price is $232.73 and its two-hundred day moving average price is $208.07.

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.