iShares U.S. Technology ETF $IYW Shares Bought by Citigroup Inc.

Citigroup Inc. grew its position in iShares U.S. Technology ETF (NYSEARCA:IYW) by 87.2% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 62,305 shares of the exchange traded fund’s stock after buying an additional 29,016 shares during the quarter. Citigroup Inc. owned 0.06% of iShares U.S. Technology ETF worth $12,203,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Laurel Wealth Advisors LLC grew its position in iShares U.S. Technology ETF by 18,553.4% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 3,690,017 shares of the exchange traded fund’s stock valued at $639,369,000 after acquiring an additional 3,670,235 shares in the last quarter. Raymond James Financial Inc. boosted its stake in shares of iShares U.S. Technology ETF by 6.5% in the second quarter. Raymond James Financial Inc. now owns 1,598,623 shares of the exchange traded fund’s stock valued at $276,993,000 after purchasing an additional 97,389 shares during the period. Hsbc Holdings PLC grew its holdings in shares of iShares U.S. Technology ETF by 52.6% in the second 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 in the last quarter. Ameriprise Financial Inc. grew its holdings in shares of iShares U.S. Technology ETF by 2.4% in the second quarter. Ameriprise Financial Inc. now owns 1,156,536 shares of the exchange traded fund’s stock valued at $200,481,000 after purchasing an additional 27,056 shares in the last quarter. Finally, Dynasty Wealth Management LLC increased its stake in iShares U.S. Technology ETF by 6.1% during the 3rd quarter. Dynasty Wealth Management LLC now owns 1,114,634 shares of the exchange traded fund’s stock worth $218,312,000 after buying an additional 64,136 shares during the period. Hedge funds and other institutional investors own 57.65% of the company’s stock.

iShares U.S. Technology ETF Stock Down 1.9%

iShares U.S. Technology ETF stock opened at $189.58 on Friday. iShares U.S. Technology ETF has a 52-week low of $117.55 and a 52-week high of $211.98. The firm has a market cap of $19.84 billion, a PE ratio of 34.95 and a beta of 1.23. The company’s 50 day moving average is $197.55 and its two-hundred day moving average is $195.78.

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.