Compound Planning Inc. Boosts Stock Holdings in iShares U.S. Technology ETF $IYW

Compound Planning Inc. grew its holdings in iShares U.S. Technology ETF (NYSEARCA:IYW) by 10.7% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 135,021 shares of the exchange traded fund’s stock after purchasing an additional 13,045 shares during the quarter. iShares U.S. Technology ETF makes up 0.9% of Compound Planning Inc.’s portfolio, making the stock its 25th biggest position. Compound Planning Inc. owned 0.13% of iShares U.S. Technology ETF worth $26,445,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Bell Investment Advisors Inc bought a new position in iShares U.S. Technology ETF in the second quarter worth approximately $25,000. Bangor Savings Bank bought a new stake in iShares U.S. Technology ETF during the 3rd quarter valued at $31,000. Hantz Financial Services Inc. purchased a new position in shares of iShares U.S. Technology ETF in the 3rd quarter valued at $31,000. Abound Wealth Management bought a new position in shares of iShares U.S. Technology ETF in the 3rd quarter worth $34,000. Finally, Collier Financial bought a new position in shares of iShares U.S. Technology ETF in the 3rd quarter worth $37,000. 57.65% of the stock is currently owned by institutional investors.

iShares U.S. Technology ETF Price Performance

Shares of NYSEARCA IYW opened at $189.80 on Tuesday. iShares U.S. Technology ETF has a 1-year low of $117.55 and a 1-year high of $211.98. The business has a fifty day moving average price of $197.84 and a 200 day moving average price of $195.62. The stock has a market capitalization of $19.86 billion, a P/E ratio of 34.95 and a beta of 1.23.

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.