Garde Capital Inc. bought a new stake in iShares U.S. Technology ETF (NYSEARCA:IYW – Free Report) during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 2,139 shares of the exchange traded fund’s stock, valued at approximately $567,000.
A number of other institutional investors have also modified their holdings of the stock. The Manufacturers Life Insurance Company acquired a new stake in iShares U.S. Technology ETF during the second quarter valued at approximately $200,579,000. Blue Fin Capital Inc. bought a new position in iShares U.S. Technology ETF during the 3rd quarter worth approximately $669,000. First Heartland Consultants Inc. acquired a new position in shares of iShares U.S. Technology ETF in the 3rd quarter worth approximately $7,194,000. Three Seasons Wealth LLC grew its position in shares of iShares U.S. Technology ETF by 2,412.9% in the 2nd quarter. Three Seasons Wealth LLC now owns 42,945 shares of the exchange traded fund’s stock worth $10,832,000 after acquiring an additional 41,236 shares in the last quarter. Finally, Forvis Mazars Wealth Advisors LLC acquired a new position in shares of iShares U.S. Technology ETF in the 3rd quarter worth approximately $900,000. Institutional investors and hedge funds own 57.65% of the company’s stock.
iShares U.S. Technology ETF Trading Down 2.6%
Shares of NYSEARCA IYW opened at $236.45 on Tuesday. iShares U.S. Technology ETF has a twelve month low of $172.54 and a twelve month high of $274.44. The company has a market capitalization of $23.08 billion, a price-to-earnings ratio of 34.95 and a beta of 1.35. The business has a 50 day simple moving average of $256.82 and a 200-day simple moving average of $229.54.
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.
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