iShares U.S. Technology ETF $IYW Shares Acquired by HB Wealth Management LLC

HB Wealth Management LLC increased its position in iShares U.S. Technology ETF (NYSEARCA:IYW) by 48.2% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 16,713 shares of the exchange traded fund’s stock after purchasing an additional 5,439 shares during the period. HB Wealth Management LLC’s holdings in iShares U.S. Technology ETF were worth $3,274,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in IYW. Laurel Wealth Advisors LLC lifted its stake in iShares U.S. Technology ETF by 18,553.4% in the second quarter. Laurel Wealth Advisors LLC now owns 3,690,017 shares of the exchange traded fund’s stock valued at $639,369,000 after buying an additional 3,670,235 shares during the last quarter. Hsbc Holdings PLC raised its position in iShares U.S. Technology ETF by 52.6% in the 2nd quarter. Hsbc Holdings PLC now owns 1,164,822 shares of the exchange traded fund’s stock valued at $201,829,000 after purchasing an additional 401,472 shares during the last quarter. Parker Investment Management LLC boosted its stake in iShares U.S. Technology ETF by 126.4% during the 2nd quarter. Parker Investment Management LLC now owns 700,717 shares of the exchange traded fund’s stock worth $121,413,000 after purchasing an additional 391,273 shares during the period. Pinkerton Wealth LLC acquired a new stake in iShares U.S. Technology ETF during the 2nd quarter worth $34,296,000. Finally, DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main grew its position in iShares U.S. Technology ETF by 14,772.9% during the 2nd quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 171,187 shares of the exchange traded fund’s stock worth $29,662,000 after purchasing an additional 170,036 shares during the last quarter. Hedge funds and other institutional investors own 57.65% of the company’s stock.

iShares U.S. Technology ETF Stock Performance

NYSEARCA IYW opened at $201.75 on Friday. The firm’s fifty day moving average is $199.93 and its two-hundred day moving average is $191.17. iShares U.S. Technology ETF has a one year low of $117.55 and a one year high of $211.98. The firm has a market cap of $21.23 billion, a PE ratio of 34.95 and a beta of 1.23.

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). 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.