iShares U.S. Technology ETF (NYSEARCA:IYW) Shares Bought by Arkadios Wealth Advisors

Arkadios Wealth Advisors raised its holdings in iShares U.S. Technology ETF (NYSEARCA:IYW) by 66.4% in the first quarter, Holdings Channel.com reports. The fund owned 21,965 shares of the exchange traded fund’s stock after buying an additional 8,764 shares during the quarter. Arkadios Wealth Advisors’ holdings in iShares U.S. Technology ETF were worth $3,085,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Geneos Wealth Management Inc. increased its position in iShares U.S. Technology ETF by 130.0% during the 1st quarter. Geneos Wealth Management Inc. now owns 23,256 shares of the exchange traded fund’s stock worth $3,266,000 after purchasing an additional 13,144 shares in the last quarter. Picton Mahoney Asset Management grew its holdings in iShares U.S. Technology ETF by 16.7% in the 1st quarter. Picton Mahoney Asset Management now owns 700 shares of the exchange traded fund’s stock valued at $98,000 after buying an additional 100 shares during the period. Foundations Investment Advisors LLC grew its holdings in shares of iShares U.S. Technology ETF by 12.9% during the 1st quarter. Foundations Investment Advisors LLC now owns 286,146 shares of the exchange traded fund’s stock worth $40,186,000 after purchasing an additional 32,764 shares during the period. Beacon Bridge Wealth Partners LLC grew its holdings in shares of iShares U.S. Technology ETF by 9.5% during the 1st quarter. Beacon Bridge Wealth Partners LLC now owns 31,356 shares of the exchange traded fund’s stock worth $4,404,000 after purchasing an additional 2,730 shares during the period. Finally, LPL Financial LLC grew its holdings in shares of iShares U.S. Technology ETF by 4.4% during the 1st quarter. LPL Financial LLC now owns 5,335,760 shares of the exchange traded fund’s stock worth $749,354,000 after purchasing an additional 224,438 shares during the period. Institutional investors and hedge funds own 57.65% of the company’s stock.

iShares U.S. Technology ETF Stock Up 0.2%

NYSEARCA IYW opened at $181.44 on Thursday. The stock has a market cap of $22.80 billion, a PE ratio of 34.95 and a beta of 1.15. iShares U.S. Technology ETF has a fifty-two week low of $117.55 and a fifty-two week high of $183.17. The business has a 50 day moving average price of $169.50 and a two-hundred day moving average price of $156.65.

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).