iShares U.S. Technology ETF $IYW Shares Acquired by Migdal Insurance & Financial Holdings Ltd.

Migdal Insurance & Financial Holdings Ltd. increased its stake in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 87.3% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 80,536 shares of the exchange traded fund’s stock after purchasing an additional 37,545 shares during the period. Migdal Insurance & Financial Holdings Ltd. owned 0.08% of iShares U.S. Technology ETF worth $15,626,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of IYW. Laurel Wealth Advisors LLC raised its stake in iShares U.S. Technology ETF by 18,553.4% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 3,690,017 shares of the exchange traded fund’s stock valued at $639,369,000 after purchasing an additional 3,670,235 shares during the last quarter. Raymond James Financial Inc. boosted 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 worth $276,993,000 after purchasing an additional 97,389 shares during the last quarter. Hsbc Holdings PLC grew its position in shares of iShares U.S. Technology ETF by 52.6% in the second quarter. Hsbc Holdings PLC now owns 1,164,822 shares of the exchange traded fund’s stock valued at $201,829,000 after purchasing an additional 401,472 shares during the period. Ameriprise Financial Inc. increased its stake in iShares U.S. Technology ETF by 2.4% in 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 purchasing an additional 27,056 shares during the last quarter. Finally, Dynasty Wealth Management LLC increased its stake in iShares U.S. Technology ETF by 6.1% in the third quarter. Dynasty Wealth Management LLC now owns 1,114,634 shares of the exchange traded fund’s stock valued at $218,312,000 after purchasing an additional 64,136 shares during the last quarter. Hedge funds and other institutional investors own 57.65% of the company’s stock.

iShares U.S. Technology ETF Trading Down 2.6%

Shares of NYSEARCA:IYW opened at $194.71 on Wednesday. The stock’s 50-day moving average price is $199.40 and its two-hundred day moving average price is $192.78. iShares U.S. Technology ETF has a 12-month low of $117.55 and a 12-month high of $211.98. The firm has a market cap of $20.37 billion, a price-to-earnings ratio of 34.95 and a beta of 1.23.

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.