Plancorp LLC Acquires New Stake in iShares U.S. Technology ETF $IYW

Plancorp LLC acquired a new position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 4,091 shares of the exchange traded fund’s stock, valued at approximately $993,000.

A number of other hedge funds have also recently bought and sold shares of the company. Envestnet Asset Management Inc. raised its position in shares of iShares U.S. Technology ETF by 2.4% during the second 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 last quarter. Hsbc Holdings PLC boosted its stake in shares of 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 valued at $177,397,000 after purchasing an additional 91,338 shares during the last quarter. The Manufacturers Life Insurance Company bought a new position in shares of iShares U.S. Technology ETF in the 2nd quarter valued at about $200,579,000. Commonwealth Equity Services LLC acquired a new stake in shares of iShares U.S. Technology ETF during the 3rd quarter worth approximately $150,156,000. Finally, Kestra Advisory Services LLC grew its position in shares of iShares U.S. Technology ETF by 1.2% during the 3rd quarter. Kestra Advisory Services LLC now owns 483,241 shares of the exchange traded fund’s stock worth $128,011,000 after buying an additional 5,513 shares during the period. 57.65% of the stock is currently owned by institutional investors.

iShares U.S. Technology ETF Price Performance

IYW opened at $227.07 on Friday. The company has a market cap of $22.37 billion, a price-to-earnings ratio of 34.95 and a beta of 1.37. The firm has a 50 day simple moving average of $255.64 and a 200 day simple moving average of $230.22. iShares U.S. Technology ETF has a fifty-two week low of $172.54 and a fifty-two 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.