Diversify Wealth Management LLC Grows Stake in iShares U.S. Technology ETF $IYW

Diversify Wealth Management LLC grew its stake in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 46.1% in the 1st quarter, Holdings Channel.com reports. The fund owned 9,306 shares of the exchange traded fund’s stock after acquiring an additional 2,935 shares during the period. Diversify Wealth Management LLC’s holdings in iShares U.S. Technology ETF were worth $1,688,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the stock. Bartlett & CO. Wealth Management LLC grew its holdings in shares of iShares U.S. Technology ETF by 20.6% during 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 buying an additional 7,217 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in iShares U.S. Technology ETF by 34.4% in the 4th quarter. JPMorgan Chase & Co. now owns 4,033,291 shares of the exchange traded fund’s stock worth $805,368,000 after acquiring an additional 1,031,871 shares during the last quarter. Farther Finance Advisors LLC raised its holdings in iShares U.S. Technology ETF by 4.7% in the 4th quarter. Farther Finance Advisors LLC now owns 60,006 shares of the exchange traded fund’s stock worth $11,982,000 after acquiring an additional 2,674 shares during the last quarter. ASL Financial LLC bought a new position in iShares U.S. Technology ETF in the 4th quarter valued at approximately $718,000. Finally, Tudor Investment Corp ET AL lifted its position in iShares U.S. Technology ETF by 714.4% in the 3rd quarter. Tudor Investment Corp ET AL now owns 23,284 shares of the exchange traded fund’s stock valued at $4,560,000 after acquiring an additional 20,425 shares in the last quarter. Hedge funds and other institutional investors own 57.65% of the company’s stock.

iShares U.S. Technology ETF Trading Up 1.4%

Shares of IYW opened at $248.19 on Wednesday. The company has a market cap of $24.97 billion, a price-to-earnings ratio of 34.95 and a beta of 1.35. The business’s fifty day simple moving average is $245.12 and its two-hundred day simple moving average is $213.59. iShares U.S. Technology ETF has a 12 month low of $172.54 and a 12 month high of $261.01.

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.