Ameritas Advisory Services LLC Acquires 7,213 Shares of iShares U.S. Technology ETF $IYW

Ameritas Advisory Services LLC boosted its holdings in iShares U.S. Technology ETF (NYSEARCA:IYW) by 48.9% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 21,976 shares of the exchange traded fund’s stock after purchasing an additional 7,213 shares during the quarter. Ameritas Advisory Services LLC’s holdings in iShares U.S. Technology ETF were worth $4,304,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Laurel Wealth Advisors LLC lifted its holdings in shares of 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 worth $639,369,000 after buying an additional 3,670,235 shares in the last quarter. Hsbc Holdings PLC increased its holdings 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 acquiring an additional 401,472 shares during the last quarter. Parker Investment Management LLC increased its holdings in iShares U.S. Technology ETF by 126.4% in the 2nd quarter. Parker Investment Management LLC now owns 700,717 shares of the exchange traded fund’s stock valued at $121,413,000 after acquiring an additional 391,273 shares during the last quarter. Sagespring Wealth Partners LLC lifted its stake 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 worth $144,379,000 after purchasing an additional 214,654 shares in the last quarter. Finally, Pinkerton Wealth LLC bought a new position in shares of iShares U.S. Technology ETF during the 2nd quarter valued at about $34,296,000. 57.65% of the stock is owned by hedge funds and other institutional investors.

iShares U.S. Technology ETF Stock Down 2.4%

Shares of iShares U.S. Technology ETF stock opened at $190.79 on Friday. iShares U.S. Technology ETF has a twelve month low of $117.55 and a twelve month high of $211.98. The business has a 50-day moving average price of $199.37 and a 200-day moving average price of $194.91. The firm has a market cap of $19.97 billion, a price-to-earnings ratio of 34.95 and a beta of 1.23.

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.