iShares U.S. Technology ETF $IYW Shares Purchased by hemming& Wealth Management Inc.

hemming& Wealth Management Inc. grew its position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 59.4% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 68,947 shares of the exchange traded fund’s stock after acquiring an additional 25,706 shares during the quarter. iShares U.S. Technology ETF comprises 8.7% of hemming& Wealth Management Inc.’s holdings, making the stock its 6th largest holding. hemming& Wealth Management Inc. owned 0.07% of iShares U.S. Technology ETF worth $12,508,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Essex LLC lifted its holdings in shares of iShares U.S. Technology ETF by 0.7% in the 1st quarter. Essex LLC now owns 47,849 shares of the exchange traded fund’s stock worth $8,681,000 after purchasing an additional 338 shares in the last quarter. Harbor Investment Advisory LLC increased its stake in iShares U.S. Technology ETF by 3.0% during the 1st quarter. Harbor Investment Advisory LLC now owns 5,901 shares of the exchange traded fund’s stock valued at $1,071,000 after purchasing an additional 171 shares in the last quarter. Mayflower Financial Advisors LLC increased its stake in iShares U.S. Technology ETF by 0.5% during the 1st quarter. Mayflower Financial Advisors LLC now owns 13,140 shares of the exchange traded fund’s stock valued at $2,384,000 after purchasing an additional 65 shares in the last quarter. Forum Financial Management LP raised its holdings in iShares U.S. Technology ETF by 42.0% during the first quarter. Forum Financial Management LP now owns 1,556 shares of the exchange traded fund’s stock worth $282,000 after buying an additional 460 shares during the last quarter. Finally, Intrua Financial LLC raised its holdings in iShares U.S. Technology ETF by 2.0% during the first quarter. Intrua Financial LLC now owns 3,365 shares of the exchange traded fund’s stock worth $610,000 after buying an additional 65 shares during the last quarter. Institutional investors own 57.65% of the company’s stock.

iShares U.S. Technology ETF Trading Down 1.4%

iShares U.S. Technology ETF stock opened at $248.75 on Thursday. iShares U.S. Technology ETF has a 1-year low of $170.88 and a 1-year high of $261.01. The firm has a market capitalization of $25.05 billion, a price-to-earnings ratio of 34.95 and a beta of 1.35. The firm’s fifty day moving average price is $239.72 and its two-hundred day moving average price is $210.58.

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.