73,971 Shares of iShares U.S. Technology ETF $IYW Bought by Fifth Third Securities Inc.

Fifth Third Securities Inc. bought a new stake in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 73,971 shares of the exchange traded fund’s stock, valued at approximately $19,595,000. iShares U.S. Technology ETF comprises about 1.0% of Fifth Third Securities Inc.’s investment portfolio, making the stock its 21st biggest holding. Fifth Third Securities Inc. owned approximately 0.08% of iShares U.S. Technology ETF at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in IYW. Envestnet Asset Management Inc. grew its stake in shares of iShares U.S. Technology ETF by 2.4% during the 2nd quarter. Envestnet Asset Management Inc. now owns 1,352,659 shares of the exchange traded fund’s stock worth $341,174,000 after acquiring an additional 31,952 shares during the period. The Manufacturers Life Insurance Company bought a new stake in iShares U.S. Technology ETF during the second quarter valued at $200,579,000. Hsbc Holdings PLC increased its stake in iShares U.S. Technology ETF by 10.3% in the 1st quarter. Hsbc Holdings PLC now owns 977,825 shares of the exchange traded fund’s stock worth $177,397,000 after acquiring an additional 91,338 shares during the last quarter. Kestra Advisory Services LLC raised its holdings in shares of iShares U.S. Technology ETF by 11.0% in the 1st quarter. Kestra Advisory Services LLC now owns 495,359 shares of the exchange traded fund’s stock valued at $89,868,000 after acquiring an additional 48,940 shares in the last quarter. Finally, First Merchants Corp purchased a new stake in iShares U.S. Technology ETF in the third quarter valued at approximately $42,477,000. Hedge funds and other institutional investors own 57.65% of the company’s stock.

iShares U.S. Technology ETF Stock Up 1.6%

Shares of NYSEARCA IYW traded up $4.00 during mid-day trading on Wednesday, reaching $257.34. 141,437 shares of the company were exchanged, compared to its average volume of 1,067,533. The stock has a market capitalization of $25.00 billion, a PE ratio of 34.95 and a beta of 1.35. The company’s 50 day moving average price is $257.01 and its 200 day moving average price is $242.73. iShares U.S. Technology ETF has a 52 week low of $172.54 and a 52 week high of $274.44.

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.