iShares U.S. Technology ETF $IYW Shares Purchased by Kingsman Wealth Management Inc.

Kingsman Wealth Management Inc. boosted its stake in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 12.4% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 30,737 shares of the exchange traded fund’s stock after purchasing an additional 3,388 shares during the quarter. iShares U.S. Technology ETF comprises 3.4% of Kingsman Wealth Management Inc.’s portfolio, making the stock its 10th largest holding. Kingsman Wealth Management Inc.’s holdings in iShares U.S. Technology ETF were worth $6,020,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of the company. Laurel Wealth Advisors LLC boosted its holdings in shares of iShares U.S. Technology ETF by 18,553.4% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 3,690,017 shares of the exchange traded fund’s stock worth $639,369,000 after buying an additional 3,670,235 shares during the period. Hsbc Holdings PLC lifted its position in iShares U.S. Technology ETF by 52.6% during the 2nd quarter. Hsbc Holdings PLC now owns 1,164,822 shares of the exchange traded fund’s stock worth $201,829,000 after acquiring an additional 401,472 shares during the last quarter. Parker Investment Management LLC boosted its holdings in iShares U.S. Technology ETF by 126.4% during the second quarter. Parker Investment Management LLC now owns 700,717 shares of the exchange traded fund’s stock valued at $121,413,000 after acquiring an additional 391,273 shares during the period. Pinkerton Wealth LLC acquired a new stake in shares of iShares U.S. Technology ETF in the second quarter valued at about $34,296,000. Finally, DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main grew its position in shares of iShares U.S. Technology ETF by 14,772.9% in the second quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 171,187 shares of the exchange traded fund’s stock valued at $29,662,000 after purchasing an additional 170,036 shares during the last quarter. Institutional investors own 57.65% of the company’s stock.

iShares U.S. Technology ETF Stock Performance

NYSEARCA IYW opened at $201.51 on Wednesday. The stock has a 50-day simple moving average of $200.69 and a 200 day simple moving average of $189.53. iShares U.S. Technology ETF has a twelve month low of $117.55 and a twelve month high of $211.98. The stock has a market capitalization of $21.72 billion, a PE 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.