CrossGen Wealth LLC Acquires New Shares in iShares U.S. Technology ETF $IYW

CrossGen Wealth LLC bought a new position in iShares U.S. Technology ETF (NYSEARCA:IYW) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 4,405 shares of the exchange traded fund’s stock, valued at approximately $880,000.

Several other hedge funds also recently bought and sold shares of the company. JPMorgan Chase & Co. lifted its holdings in shares of iShares U.S. Technology ETF by 34.4% during the 4th quarter. JPMorgan Chase & Co. now owns 4,033,291 shares of the exchange traded fund’s stock valued at $805,368,000 after buying an additional 1,031,871 shares during the last quarter. Focus Partners Wealth increased its holdings in iShares U.S. Technology ETF by 450.1% in the fourth quarter. Focus Partners Wealth now owns 312,367 shares of the exchange traded fund’s stock worth $62,373,000 after buying an additional 255,584 shares during the last quarter. Axxcess Wealth Management LLC acquired a new position in iShares U.S. Technology ETF in the fourth quarter worth approximately $41,199,000. Morgan Stanley raised its position in iShares U.S. Technology ETF by 3.3% during the fourth quarter. Morgan Stanley now owns 5,773,004 shares of the exchange traded fund’s stock valued at $1,152,754,000 after acquiring an additional 186,297 shares in the last quarter. Finally, DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main raised its position in iShares U.S. Technology ETF by 14,772.9% during the second quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 171,187 shares of the exchange traded fund’s stock valued at $29,662,000 after acquiring an additional 170,036 shares in the last quarter. 57.65% of the stock is owned by institutional investors and hedge funds.

iShares U.S. Technology ETF Stock Up 2.9%

NYSEARCA IYW opened at $253.57 on Friday. The stock has a market capitalization of $24.94 billion, a PE ratio of 34.95 and a beta of 1.36. iShares U.S. Technology ETF has a 12-month low of $162.98 and a 12-month high of $261.01. The company has a 50 day moving average price of $231.52 and a two-hundred day moving average price of $207.75.

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.