Bartlett & CO. Wealth Management LLC Buys 7,217 Shares of iShares U.S. Technology ETF $IYW

Bartlett & CO. Wealth Management LLC lifted its stake in iShares U.S. Technology ETF (NYSEARCA:IYW) by 20.6% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 42,286 shares of the exchange traded fund’s stock after buying an additional 7,217 shares during the quarter. Bartlett & CO. Wealth Management LLC’s holdings in iShares U.S. Technology ETF were worth $8,444,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of IYW. Triumph Capital Management bought a new stake in shares of iShares U.S. Technology ETF during the 3rd quarter valued at $28,000. Bangor Savings Bank bought a new stake in iShares U.S. Technology ETF during the 3rd quarter valued at approximately $31,000. Hantz Financial Services Inc. bought a new stake in iShares U.S. Technology ETF during the 3rd quarter valued at approximately $31,000. Abound Wealth Management bought a new stake in iShares U.S. Technology ETF during the 3rd quarter valued at approximately $34,000. Finally, Collier Financial bought a new stake in iShares U.S. Technology ETF during the 3rd quarter valued at approximately $37,000. 57.65% of the stock is currently owned by institutional investors.

iShares U.S. Technology ETF Trading Up 0.3%

Shares of IYW opened at $194.27 on Friday. The business’s 50 day moving average is $189.56 and its 200 day moving average is $196.22. The company has a market capitalization of $18.81 billion, a PE ratio of 34.95 and a beta of 1.27. iShares U.S. Technology ETF has a 12-month low of $126.02 and a 12-month 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.