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

Compound Planning Inc. raised its position in iShares U.S. Technology ETF (NYSEARCA:IYW) by 10.7% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 135,021 shares of the exchange traded fund’s stock after acquiring an additional 13,045 shares during the period. iShares U.S. Technology ETF makes up approximately 0.9% of Compound Planning Inc.’s holdings, making the stock its 25th biggest holding. Compound Planning Inc.’s holdings in iShares U.S. Technology ETF were worth $26,445,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of IYW. AQR Capital Management LLC grew its stake in iShares U.S. Technology ETF by 58.1% during the 1st quarter. AQR Capital Management LLC now owns 10,066 shares of the exchange traded fund’s stock worth $1,414,000 after buying an additional 3,699 shares during the last quarter. D.A. Davidson & CO. boosted its holdings in iShares U.S. Technology ETF by 4.3% in the second quarter. D.A. Davidson & CO. now owns 11,358 shares of the exchange traded fund’s stock worth $1,968,000 after acquiring an additional 469 shares in the last quarter. Focus Partners Advisor Solutions LLC boosted its holdings in iShares U.S. Technology ETF by 70.7% in the second quarter. Focus Partners Advisor Solutions LLC now owns 6,054 shares of the exchange traded fund’s stock worth $1,049,000 after acquiring an additional 2,508 shares in the last quarter. Brighton Jones LLC purchased a new stake in shares of iShares U.S. Technology ETF during the second quarter worth about $365,000. Finally, First Command Advisory Services Inc. purchased a new stake in shares of iShares U.S. Technology ETF during the second quarter worth about $59,000. 57.65% of the stock is owned by hedge funds and other institutional investors.

iShares U.S. Technology ETF Stock Down 1.6%

Shares of iShares U.S. Technology ETF stock opened at $189.80 on Tuesday. The firm has a market capitalization of $19.86 billion, a P/E ratio of 34.95 and a beta of 1.23. The company has a 50 day moving average price of $197.84 and a 200 day moving average price of $195.62. iShares U.S. Technology ETF has a 52 week low of $117.55 and a 52 week high of $211.98.

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.