4,270 Shares in iShares U.S. Technology ETF $IYW Bought by Orange Investment Advisors Inc.

Orange Investment Advisors Inc. bought a new stake in iShares U.S. Technology ETF (NYSEARCA:IYW) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 4,270 shares of the exchange traded fund’s stock, valued at approximately $1,131,000.

Several other hedge funds have also bought and sold shares of IYW. Envestnet Asset Management Inc. grew its stake in iShares U.S. Technology ETF by 2.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 1,352,659 shares of the exchange traded fund’s stock worth $341,174,000 after buying an additional 31,952 shares in the last quarter. Hsbc Holdings PLC raised its position in shares of iShares U.S. Technology ETF by 10.3% during the 1st quarter. Hsbc Holdings PLC now owns 977,825 shares of the exchange traded fund’s stock valued at $177,397,000 after buying an additional 91,338 shares in the last quarter. The Manufacturers Life Insurance Company bought a new stake in shares of iShares U.S. Technology ETF during the 2nd quarter worth $200,579,000. Kestra Advisory Services LLC lifted its holdings in shares of iShares U.S. Technology ETF by 11.0% during the 1st quarter. Kestra Advisory Services LLC now owns 495,359 shares of the exchange traded fund’s stock worth $89,868,000 after acquiring an additional 48,940 shares during the last quarter. Finally, Sanctuary Advisors LLC lifted its holdings in shares of iShares U.S. Technology ETF by 10.6% during the 1st quarter. Sanctuary Advisors LLC now owns 231,479 shares of the exchange traded fund’s stock worth $41,995,000 after acquiring an additional 22,151 shares during the last quarter. 57.65% of the stock is currently owned by institutional investors.

iShares U.S. Technology ETF Stock Performance

Shares of NYSEARCA:IYW opened at $249.92 on Monday. iShares U.S. Technology ETF has a 52-week low of $172.54 and a 52-week high of $274.44. The firm has a fifty day moving average of $256.82 and a 200 day moving average of $244.13. The firm has a market capitalization of $24.28 billion, a PE ratio of 34.95 and a beta of 1.35.

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.