Assetmark Inc. Purchases 24,859 Shares of iShares U.S. Technology ETF $IYW

Assetmark Inc. grew its holdings in iShares U.S. Technology ETF (NYSEARCA:IYW) by 19.9% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 149,687 shares of the exchange traded fund’s stock after purchasing an additional 24,859 shares during the quarter. Assetmark Inc. owned about 0.15% of iShares U.S. Technology ETF worth $27,156,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in the business. AQR Capital Management LLC increased its stake in iShares U.S. Technology ETF by 58.1% during the first quarter. AQR Capital Management LLC now owns 10,066 shares of the exchange traded fund’s stock valued at $1,414,000 after acquiring an additional 3,699 shares during the period. Russell Investments Group Ltd. grew its holdings in shares of iShares U.S. Technology ETF by 9.8% during the 2nd quarter. Russell Investments Group Ltd. now owns 1,094 shares of the exchange traded fund’s stock worth $190,000 after purchasing an additional 98 shares in the last quarter. First Trust Advisors LP bought a new stake in shares of iShares U.S. Technology ETF during the second quarter valued at approximately $222,000. Main Street Financial Solutions LLC increased its position in shares of iShares U.S. Technology ETF by 95.7% during the second quarter. Main Street Financial Solutions LLC now owns 2,851 shares of the exchange traded fund’s stock valued at $494,000 after purchasing an additional 1,394 shares during the period. Finally, Ieq Capital LLC increased its position in shares of iShares U.S. Technology ETF by 0.8% during the second quarter. Ieq Capital LLC now owns 20,844 shares of the exchange traded fund’s stock valued at $3,612,000 after purchasing an additional 166 shares during the period. 57.65% of the stock is currently owned by institutional investors.

iShares U.S. Technology ETF Trading Down 1.4%

Shares of NYSEARCA IYW opened at $239.24 on Friday. The firm has a market capitalization of $24.06 billion, a price-to-earnings ratio of 34.95 and a beta of 1.35. iShares U.S. Technology ETF has a one year low of $172.54 and a one year high of $261.01. The business has a fifty day simple moving average of $245.67 and a 200 day simple moving average of $214.37.

iShares U.S. Technology ETF Company 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.