BLVD Private Wealth LLC acquired a new position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW – Free Report) during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm acquired 4,005 shares of the exchange traded fund’s stock, valued at approximately $694,000.
Several other hedge funds have also made changes to their positions in IYW. Forefront Wealth Partners LLC increased its stake in shares of iShares U.S. Technology ETF by 30.9% during the second quarter. Forefront Wealth Partners LLC now owns 1,976 shares of the exchange traded fund’s stock valued at $315,000 after buying an additional 466 shares during the period. B. Riley Wealth Advisors Inc. bought a new position in iShares U.S. Technology ETF during the 2nd quarter worth about $4,043,000. Newbridge Financial Services Group Inc. increased its position in iShares U.S. Technology ETF by 6.3% during the 2nd quarter. Newbridge Financial Services Group Inc. now owns 1,188 shares of the exchange traded fund’s stock valued at $206,000 after purchasing an additional 70 shares during the period. Tyler Stone Wealth Management bought a new stake in shares of iShares U.S. Technology ETF in the 2nd quarter valued at about $220,000. Finally, Tactive Advisors LLC purchased a new stake in shares of iShares U.S. Technology ETF in the 2nd quarter worth approximately $1,004,000. 57.65% of the stock is currently owned by hedge funds and other institutional investors.
iShares U.S. Technology ETF Stock Down 2.5%
Shares of IYW stock opened at $198.53 on Friday. The firm has a market cap of $21.40 billion, a price-to-earnings ratio of 34.95 and a beta of 1.23. iShares U.S. Technology ETF has a 52-week low of $117.55 and a 52-week high of $211.98. The company’s 50 day moving average is $200.21 and its 200 day moving average is $186.16.
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).
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