CPR Investments Inc. lessened its holdings in shares of iShares U.S. Technology ETF (NYSEARCA:IYW – Free Report) by 56.6% during the first quarter, HoldingsChannel reports. The firm owned 24,959 shares of the exchange traded fund’s stock after selling 32,515 shares during the quarter. iShares U.S. Technology ETF accounts for approximately 3.0% of CPR Investments Inc.’s investment portfolio, making the stock its 10th largest holding. CPR Investments Inc.’s holdings in iShares U.S. Technology ETF were worth $4,528,000 as of its most recent SEC filing.
Other large investors also recently made changes to their positions in the company. Compound Planning Inc. lifted its holdings in shares of iShares U.S. Technology ETF by 10.7% during the 3rd quarter. Compound Planning Inc. now owns 135,021 shares of the exchange traded fund’s stock worth $26,445,000 after acquiring an additional 13,045 shares during the period. Bartlett & CO. Wealth Management LLC grew its holdings in iShares U.S. Technology ETF by 20.6% in the fourth quarter. Bartlett & CO. Wealth Management LLC now owns 42,286 shares of the exchange traded fund’s stock valued at $8,444,000 after purchasing an additional 7,217 shares during the period. JPMorgan Chase & Co. grew its holdings in iShares U.S. Technology ETF by 34.4% in the fourth quarter. JPMorgan Chase & Co. now owns 4,033,291 shares of the exchange traded fund’s stock valued at $805,368,000 after purchasing an additional 1,031,871 shares during the period. ASL Financial LLC acquired a new position in iShares U.S. Technology ETF during the fourth quarter worth approximately $718,000. Finally, Tudor Investment Corp ET AL increased its position in iShares U.S. Technology ETF by 714.4% during the third quarter. Tudor Investment Corp ET AL now owns 23,284 shares of the exchange traded fund’s stock worth $4,560,000 after purchasing an additional 20,425 shares during the last quarter. Hedge funds and other institutional investors own 57.65% of the company’s stock.
iShares U.S. Technology ETF Price Performance
NYSEARCA:IYW opened at $253.57 on Monday. The company has a market cap of $24.94 billion, a P/E ratio of 34.95 and a beta of 1.36. iShares U.S. Technology ETF has a fifty-two week low of $162.98 and a fifty-two week high of $261.01. The firm’s 50 day moving average is $232.73 and its two-hundred day moving average is $208.14.
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.
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