Cadent Capital Advisors LLC Raises Position in iShares U.S. Technology ETF $IYW

Cadent Capital Advisors LLC grew its position in iShares U.S. Technology ETF (NYSEARCA:IYW) by 10.1% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 56,669 shares of the exchange traded fund’s stock after acquiring an additional 5,195 shares during the period. iShares U.S. Technology ETF accounts for 2.9% of Cadent Capital Advisors LLC’s portfolio, making the stock its 9th largest holding. Cadent Capital Advisors LLC owned about 0.05% of iShares U.S. Technology ETF worth $11,099,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Bell Investment Advisors Inc acquired a new stake in iShares U.S. Technology ETF during the 2nd quarter valued at $25,000. Harbor Asset Planning Inc. bought a new stake in shares of iShares U.S. Technology ETF during the second quarter worth $27,000. Bogart Wealth LLC increased its stake in shares of iShares U.S. Technology ETF by 189.3% in the second quarter. Bogart Wealth LLC now owns 162 shares of the exchange traded fund’s stock valued at $28,000 after buying an additional 106 shares in the last quarter. Abound Wealth Management acquired a new stake in shares of iShares U.S. Technology ETF in the third quarter valued at $34,000. Finally, Tsfg LLC raised its holdings in shares of iShares U.S. Technology ETF by 35.4% in the second quarter. Tsfg LLC now owns 222 shares of the exchange traded fund’s stock valued at $38,000 after buying an additional 58 shares during the last quarter. 57.65% of the stock is owned by institutional investors and hedge funds.

iShares U.S. Technology ETF Stock Up 0.2%

Shares of NYSEARCA IYW opened at $202.72 on Thursday. iShares U.S. Technology ETF has a 12-month low of $117.55 and a 12-month high of $211.98. The firm’s 50-day simple moving average is $200.37 and its 200 day simple moving average is $188.30. The company has a market cap of $21.85 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.