CoreCap Advisors LLC Purchases 15,877 Shares of iShares U.S. Technology ETF $IYW

CoreCap Advisors LLC raised its holdings in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 63.6% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 40,859 shares of the exchange traded fund’s stock after purchasing an additional 15,877 shares during the quarter. CoreCap Advisors LLC’s holdings in iShares U.S. Technology ETF were worth $10,306,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. AQR Capital Management LLC lifted its stake in shares of iShares U.S. Technology ETF by 58.1% during the 1st quarter. AQR Capital Management LLC now owns 10,066 shares of the exchange traded fund’s stock valued at $1,414,000 after buying an additional 3,699 shares in the last quarter. Russell Investments Group Ltd. grew its stake in iShares U.S. Technology ETF by 9.8% in the 2nd quarter. Russell Investments Group Ltd. now owns 1,094 shares of the exchange traded fund’s stock valued at $190,000 after buying an additional 98 shares in the last quarter. First Trust Advisors LP purchased a new position in iShares U.S. Technology ETF in the 2nd quarter valued at approximately $222,000. Main Street Financial Solutions LLC raised its holdings in iShares U.S. Technology ETF by 95.7% during the 2nd quarter. Main Street Financial Solutions LLC now owns 2,851 shares of the exchange traded fund’s stock valued at $494,000 after acquiring an additional 1,394 shares during the period. Finally, Ieq Capital LLC raised its holdings in iShares U.S. Technology ETF by 0.8% during the 2nd quarter. Ieq Capital LLC now owns 20,844 shares of the exchange traded fund’s stock valued at $3,612,000 after acquiring an additional 166 shares during the period. Institutional investors own 57.65% of the company’s stock.

iShares U.S. Technology ETF Price Performance

NYSEARCA:IYW opened at $253.55 on Wednesday. The company has a market cap of $25.11 billion, a P/E ratio of 34.95 and a beta of 1.36. The stock’s fifty day moving average price is $245.43 and its two-hundred day moving average price is $217.68. iShares U.S. Technology ETF has a 1 year low of $172.54 and a 1 year high of $261.01.

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.