Patriot Financial Group Insurance Agency LLC Buys 10,783 Shares of iShares U.S. Technology ETF $IYW

Patriot Financial Group Insurance Agency LLC raised its stake in iShares U.S. Technology ETF (NYSEARCA:IYW) by 102.0% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 21,354 shares of the exchange traded fund’s stock after acquiring an additional 10,783 shares during the period. Patriot Financial Group Insurance Agency LLC’s holdings in iShares U.S. Technology ETF were worth $3,874,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of IYW. Goodman Advisory Group LLC acquired a new stake in shares of iShares U.S. Technology ETF during the 1st quarter worth $510,000. Fort Washington Investment Advisors Inc. OH lifted its position in iShares U.S. Technology ETF by 38.7% during the first quarter. Fort Washington Investment Advisors Inc. OH now owns 24,759 shares of the exchange traded fund’s stock worth $4,492,000 after purchasing an additional 6,905 shares during the period. WT Wealth Management lifted its position in iShares U.S. Technology ETF by 4.2% during the first quarter. WT Wealth Management now owns 4,295 shares of the exchange traded fund’s stock worth $779,000 after purchasing an additional 173 shares during the period. Signature Wealth Management Partners LLC grew its stake in iShares U.S. Technology ETF by 0.8% during the first quarter. Signature Wealth Management Partners LLC now owns 62,031 shares of the exchange traded fund’s stock worth $11,254,000 after buying an additional 486 shares in the last quarter. Finally, Merkkuri Wealth Advisors LLC acquired a new stake in iShares U.S. Technology ETF during the first quarter worth about $64,000. 57.65% of the stock is currently owned by institutional investors.

iShares U.S. Technology ETF Price Performance

IYW stock opened at $239.66 on Monday. iShares U.S. Technology ETF has a 12 month low of $170.25 and a 12 month high of $261.01. The firm has a market cap of $23.57 billion, a P/E ratio of 34.95 and a beta of 1.36. The company’s 50-day moving average price is $237.32 and its two-hundred day moving average price is $209.63.

About iShares U.S. Technology ETF

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.