Focus Partners Wealth Purchases 1,618 Shares of iShares U.S. Technology ETF $IYW

Focus Partners Wealth boosted its position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 11.9% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 15,215 shares of the exchange traded fund’s stock after acquiring an additional 1,618 shares during the period. Focus Partners Wealth’s holdings in iShares U.S. Technology ETF were worth $2,137,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in IYW. The Manufacturers Life Insurance Company increased its stake in iShares U.S. Technology ETF by 113.3% during the first quarter. The Manufacturers Life Insurance Company now owns 1,021,938 shares of the exchange traded fund’s stock valued at $143,521,000 after acquiring an additional 542,816 shares during the period. Sofi Wealth LLC increased its stake in iShares U.S. Technology ETF by 4,780.8% during the first quarter. Sofi Wealth LLC now owns 405,256 shares of the exchange traded fund’s stock valued at $56,914,000 after acquiring an additional 396,953 shares during the period. Liberty Wealth Management LLC grew its stake in shares of iShares U.S. Technology ETF by 795.5% in the 1st quarter. Liberty Wealth Management LLC now owns 416,723 shares of the exchange traded fund’s stock valued at $58,525,000 after purchasing an additional 370,190 shares during the period. GAMMA Investing LLC grew its stake in shares of iShares U.S. Technology ETF by 13,892.3% in the 1st quarter. GAMMA Investing LLC now owns 304,193 shares of the exchange traded fund’s stock valued at $42,721,000 after purchasing an additional 302,019 shares during the period. Finally, Ashton Thomas Private Wealth LLC grew its stake in shares of iShares U.S. Technology ETF by 597.9% in the 1st quarter. Ashton Thomas Private Wealth LLC now owns 322,863 shares of the exchange traded fund’s stock valued at $45,343,000 after purchasing an additional 276,601 shares during the period. 57.65% of the stock is currently owned by institutional investors.

iShares U.S. Technology ETF Trading Down 0.3%

IYW stock opened at $190.02 on Wednesday. iShares U.S. Technology ETF has a 1-year low of $117.55 and a 1-year high of $191.03. The firm has a market cap of $23.76 billion, a P/E ratio of 34.95 and a beta of 1.15. The business’s 50 day moving average is $181.62 and its 200-day moving average is $161.83.

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).