D.A. Davidson & CO. Acquires 10,674 Shares of iShares U.S. Technology ETF $IYW

D.A. Davidson & CO. grew its holdings in iShares U.S. Technology ETF (NYSEARCA:IYW) by 99.0% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 21,454 shares of the exchange traded fund’s stock after buying an additional 10,674 shares during the period. D.A. Davidson & CO.’s holdings in iShares U.S. Technology ETF were worth $3,892,000 as of its most recent filing with the Securities & Exchange Commission.

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

iShares U.S. Technology ETF Stock Performance

Shares of iShares U.S. Technology ETF stock opened at $239.24 on Monday. The stock has a market cap of $24.06 billion, a price-to-earnings ratio of 34.95 and a beta of 1.35. The stock has a 50 day moving average price of $245.67 and a 200-day moving average price of $214.46. iShares U.S. Technology ETF has a one year low of $172.54 and a one year high of $261.01.

iShares U.S. Technology ETF 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.