Apella Capital LLC Invests $2.13 Million in iShares U.S. Technology ETF $IYW

Apella Capital LLC purchased a new position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 10,656 shares of the exchange traded fund’s stock, valued at approximately $2,128,000.

A number of other institutional investors have also recently added to or reduced their stakes in IYW. Sagespring Wealth Partners LLC boosted its position in iShares U.S. Technology ETF by 41.1% in the 3rd quarter. Sagespring Wealth Partners LLC now owns 737,156 shares of the exchange traded fund’s stock valued at $144,379,000 after buying an additional 214,654 shares during the last quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main boosted its position in iShares U.S. Technology ETF by 14,772.9% in 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 valued at $29,662,000 after buying an additional 170,036 shares during the last quarter. BNP Paribas Financial Markets boosted its position in iShares U.S. Technology ETF by 11,291.6% in the 3rd quarter. BNP Paribas Financial Markets now owns 144,445 shares of the exchange traded fund’s stock valued at $28,291,000 after buying an additional 143,177 shares during the last quarter. Raymond James Financial Inc. boosted its position in iShares U.S. Technology ETF by 6.5% in the 2nd quarter. Raymond James Financial Inc. now owns 1,598,623 shares of the exchange traded fund’s stock valued at $276,993,000 after buying an additional 97,389 shares during the last quarter. Finally, UBS Group AG boosted its position in iShares U.S. Technology ETF by 4.0% in the 3rd quarter. UBS Group AG now owns 1,882,618 shares of the exchange traded fund’s stock valued at $368,730,000 after buying an additional 72,485 shares during the last quarter. 57.65% of the stock is owned by hedge funds and other institutional investors.

iShares U.S. Technology ETF Price Performance

NYSEARCA:IYW opened at $187.31 on Wednesday. The firm has a 50-day moving average of $190.04 and a two-hundred day moving average of $196.28. The stock has a market cap of $18.23 billion, a P/E ratio of 34.95 and a beta of 1.25. iShares U.S. Technology ETF has a 1-year low of $120.43 and a 1-year high of $211.98.

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). 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.