iShares U.S. Technology ETF $IYW Shares Purchased by Bailard Inc.

Bailard Inc. grew its stake in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 34.2% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 2,356 shares of the exchange traded fund’s stock after buying an additional 600 shares during the period. Bailard Inc.’s holdings in iShares U.S. Technology ETF were worth $408,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Picton Mahoney Asset Management lifted its position in iShares U.S. Technology ETF by 16.7% during the first quarter. Picton Mahoney Asset Management now owns 700 shares of the exchange traded fund’s stock valued at $98,000 after buying an additional 100 shares in the last quarter. Presilium Private Wealth LLC purchased a new position in shares of iShares U.S. Technology ETF in the 2nd quarter valued at $203,000. Arkadios Wealth Advisors lifted its holdings in shares of iShares U.S. Technology ETF by 66.4% during the 1st quarter. Arkadios Wealth Advisors now owns 21,965 shares of the exchange traded fund’s stock valued at $3,085,000 after acquiring an additional 8,764 shares in the last quarter. Sigma Investment Counselors Inc. acquired a new position in shares of iShares U.S. Technology ETF during the 2nd quarter valued at $224,000. Finally, NorthRock Partners LLC boosted its position in iShares U.S. Technology ETF by 1.5% during the 1st quarter. NorthRock Partners LLC now owns 5,576 shares of the exchange traded fund’s stock worth $783,000 after purchasing 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 Up 0.5%

Shares of NYSEARCA IYW opened at $199.16 on Friday. The stock has a fifty day moving average price of $197.79 and a 200 day moving average price of $179.88. iShares U.S. Technology ETF has a 12-month low of $117.55 and a 12-month high of $211.98. The company has a market cap of $21.47 billion, a P/E ratio of 34.95 and a beta of 1.23.

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).