Gilliland Jeter Wealth Management LLC Raises Stock Holdings in iShares U.S. Technology ETF $IYW

Gilliland Jeter Wealth Management LLC grew its stake in iShares U.S. Technology ETF (NYSEARCA:IYW) by 3.7% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 23,014 shares of the exchange traded fund’s stock after acquiring an additional 828 shares during the quarter. iShares U.S. Technology ETF comprises approximately 1.3% of Gilliland Jeter Wealth Management LLC’s portfolio, making the stock its 15th biggest holding. Gilliland Jeter Wealth Management LLC’s holdings in iShares U.S. Technology ETF were worth $3,988,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Hoey Investments Inc. lifted its position in shares of iShares U.S. Technology ETF by 31.6% in the second quarter. Hoey Investments Inc. now owns 250 shares of the exchange traded fund’s stock valued at $43,000 after acquiring an additional 60 shares in the last quarter. True Vision MN LLC lifted its position in iShares U.S. Technology ETF by 0.4% during the first quarter. True Vision MN LLC now owns 19,475 shares of the exchange traded fund’s stock worth $2,735,000 after buying an additional 72 shares during the period. Continuum Advisory LLC lifted its position in iShares U.S. Technology ETF by 11.4% during the first quarter. Continuum Advisory LLC now owns 750 shares of the exchange traded fund’s stock worth $105,000 after buying an additional 77 shares during the period. Resurgent Financial Advisors LLC lifted its position in iShares U.S. Technology ETF by 2.8% during the first quarter. Resurgent Financial Advisors LLC now owns 2,889 shares of the exchange traded fund’s stock worth $406,000 after buying an additional 80 shares during the period. Finally, NorthRock Partners LLC lifted its position in iShares U.S. Technology ETF by 1.5% during the first quarter. NorthRock Partners LLC now owns 5,576 shares of the exchange traded fund’s stock worth $783,000 after buying an additional 83 shares during the period. 57.65% of the stock is currently owned by hedge funds and other institutional investors.

iShares U.S. Technology ETF Trading Down 0.1%

NYSEARCA IYW opened at $200.61 on Friday. The business’s 50-day moving average price is $187.59 and its 200 day moving average price is $167.52. iShares U.S. Technology ETF has a twelve month low of $117.55 and a twelve month high of $201.00. The company has a market capitalization of $21.29 billion, a PE ratio of 34.95 and a beta of 1.15.

iShares U.S. Technology ETF 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).