iShares U.S. Technology ETF $IYW Shares Acquired by Compound Planning Inc.

Compound Planning Inc. lifted its stake in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 3.9% during the first quarter, Holdings Channel reports. The firm owned 138,883 shares of the exchange traded fund’s stock after purchasing an additional 5,237 shares during the quarter. iShares U.S. Technology ETF makes up approximately 0.8% of Compound Planning Inc.’s portfolio, making the stock its 27th largest holding. Compound Planning Inc.’s holdings in iShares U.S. Technology ETF were worth $25,196,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Morgan Stanley increased its position in shares of iShares U.S. Technology ETF by 3.3% in the fourth quarter. Morgan Stanley now owns 5,773,004 shares of the exchange traded fund’s stock worth $1,152,754,000 after acquiring an additional 186,297 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of iShares U.S. Technology ETF by 34.4% in the fourth quarter. JPMorgan Chase & Co. now owns 4,033,291 shares of the exchange traded fund’s stock valued at $805,368,000 after purchasing an additional 1,031,871 shares in the last quarter. UBS Group AG boosted its position in shares of iShares U.S. Technology ETF by 4.0% in the third quarter. UBS Group AG now owns 1,882,618 shares of the exchange traded fund’s stock worth $368,730,000 after buying an additional 72,485 shares during the period. Raymond James Financial Inc. grew its holdings in shares of iShares U.S. Technology ETF by 6.5% during the second quarter. Raymond James Financial Inc. now owns 1,598,623 shares of the exchange traded fund’s stock valued at $276,993,000 after buying an additional 97,389 shares in the last quarter. Finally, Ameriprise Financial Inc. raised its position in iShares U.S. Technology ETF by 2.4% during the second quarter. Ameriprise Financial Inc. now owns 1,156,536 shares of the exchange traded fund’s stock valued at $200,481,000 after buying an additional 27,056 shares during the period. Institutional investors and hedge funds own 57.65% of the company’s stock.

iShares U.S. Technology ETF Trading Down 1.9%

Shares of iShares U.S. Technology ETF stock opened at $238.54 on Friday. The stock has a 50-day moving average price of $245.78 and a 200 day moving average price of $215.62. The company has a market cap of $23.70 billion, a P/E ratio of 34.95 and a beta of 1.35. iShares U.S. Technology ETF has a 1 year low of $172.54 and a 1 year high of $261.01.

About iShares U.S. Technology ETF

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.