iShares U.S. Technology ETF $IYW Shares Bought by Mayflower Financial Advisors LLC

Mayflower Financial Advisors LLC grew its stake in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 2.0% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 26,782 shares of the exchange traded fund’s stock after purchasing an additional 518 shares during the quarter. Mayflower Financial Advisors LLC’s holdings in iShares U.S. Technology ETF were worth $4,639,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of IYW. Harbor Asset Planning Inc. purchased a new stake in shares of iShares U.S. Technology ETF during the second quarter worth about $27,000. Bogart Wealth LLC increased its position in shares of iShares U.S. Technology ETF by 189.3% during the second quarter. Bogart Wealth LLC now owns 162 shares of the exchange traded fund’s stock worth $28,000 after acquiring an additional 106 shares during the last quarter. Park Square Financial Group LLC increased its position in shares of iShares U.S. Technology ETF by 588.2% during the first quarter. Park Square Financial Group LLC now owns 234 shares of the exchange traded fund’s stock worth $33,000 after acquiring an additional 200 shares during the last quarter. Accredited Wealth Management LLC purchased a new stake in shares of iShares U.S. Technology ETF during the first quarter worth about $33,000. Finally, Private Wealth Asset Management LLC purchased a new stake in shares of iShares U.S. Technology ETF during the second quarter worth about $39,000. 57.65% of the stock is owned by hedge funds and other institutional investors.

iShares U.S. Technology ETF Stock Performance

Shares of NYSEARCA IYW opened at $209.34 on Wednesday. iShares U.S. Technology ETF has a 1 year low of $117.55 and a 1 year high of $210.16. The firm has a market cap of $22.32 billion, a price-to-earnings ratio of 34.95 and a beta of 1.23. The stock’s 50-day simple moving average is $191.96 and its 200-day simple moving average is $173.68.

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).