Central Pacific Bank Trust Division Buys 9,394 Shares of iShares U.S. Technology ETF $IYW

Central Pacific Bank Trust Division grew its stake in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 25.1% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 46,893 shares of the exchange traded fund’s stock after acquiring an additional 9,394 shares during the quarter. iShares U.S. Technology ETF comprises approximately 1.0% of Central Pacific Bank Trust Division’s investment portfolio, making the stock its 10th largest holding. Central Pacific Bank Trust Division’s holdings in iShares U.S. Technology ETF were worth $8,125,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of IYW. LPL Financial LLC boosted its position in iShares U.S. Technology ETF by 4.4% in the first quarter. LPL Financial LLC now owns 5,335,760 shares of the exchange traded fund’s stock valued at $749,354,000 after buying an additional 224,438 shares during the last quarter. PGIM Custom Harvest LLC boosted its position in iShares U.S. Technology ETF by 4.4% in the first quarter. PGIM Custom Harvest LLC now owns 4,528,761 shares of the exchange traded fund’s stock valued at $636,019,000 after buying an additional 192,008 shares during the last quarter. The Manufacturers Life Insurance Company boosted its position in iShares U.S. Technology ETF by 113.3% in the first quarter. The Manufacturers Life Insurance Company now owns 1,021,938 shares of the exchange traded fund’s stock valued at $143,521,000 after buying an additional 542,816 shares during the last quarter. Park Avenue Securities LLC boosted its position in iShares U.S. Technology ETF by 3.7% in the first quarter. Park Avenue Securities LLC now owns 966,309 shares of the exchange traded fund’s stock valued at $135,708,000 after buying an additional 34,529 shares during the last quarter. Finally, Commonwealth Equity Services LLC boosted its position in iShares U.S. Technology ETF by 8.3% in the first quarter. Commonwealth Equity Services LLC now owns 945,244 shares of the exchange traded fund’s stock valued at $132,750,000 after buying an additional 72,139 shares during the last quarter. Institutional investors and hedge funds own 57.65% of the company’s stock.

iShares U.S. Technology ETF Stock Up 0.4%

Shares of NYSEARCA IYW opened at $188.68 on Friday. The business’s 50 day moving average price is $180.99 and its 200 day moving average price is $161.29. The firm has a market cap of $23.59 billion, a P/E ratio of 34.95 and a beta of 1.15. iShares U.S. Technology ETF has a 52 week low of $117.55 and a 52 week high of $189.10.

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).