Marino Stram & Associates LLC Grows Position in iShares U.S. Technology ETF $IYW

Marino Stram & Associates LLC boosted its stake in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 14.3% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 2,244 shares of the exchange traded fund’s stock after purchasing an additional 281 shares during the period. Marino Stram & Associates LLC’s holdings in iShares U.S. Technology ETF were worth $389,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. GAMMA Investing LLC lifted its stake in shares of iShares U.S. Technology ETF by 13,892.3% during the first quarter. GAMMA Investing LLC now owns 304,193 shares of the exchange traded fund’s stock worth $42,721,000 after buying an additional 302,019 shares during the period. NBC Securities Inc. raised its stake in iShares U.S. Technology ETF by 105,314.3% in the 1st quarter. NBC Securities Inc. now owns 7,379 shares of the exchange traded fund’s stock worth $1,036,000 after acquiring an additional 7,372 shares during the last quarter. Elevation Wealth Partners LLC increased its holdings in shares of iShares U.S. Technology ETF by 3,533.3% in the first quarter. Elevation Wealth Partners LLC now owns 1,635 shares of the exchange traded fund’s stock valued at $230,000 after purchasing an additional 1,590 shares during the period. Merit Financial Group LLC increased its holdings in shares of iShares U.S. Technology ETF by 147.5% in the first quarter. Merit Financial Group LLC now owns 206,402 shares of the exchange traded fund’s stock valued at $28,987,000 after purchasing an additional 123,005 shares during the period. Finally, Planned Solutions Inc. acquired a new position in shares of iShares U.S. Technology ETF in the first quarter valued at about $591,000. Hedge funds and other institutional investors own 57.65% of the company’s stock.

iShares U.S. Technology ETF Stock Performance

Shares of IYW stock opened at $195.86 on Wednesday. The stock’s 50-day simple moving average is $185.01 and its 200-day simple moving average is $165.12. The firm has a market capitalization of $24.49 billion, a PE ratio of 34.95 and a beta of 1.15. iShares U.S. Technology ETF has a fifty-two week low of $117.55 and a fifty-two week high of $197.11.

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).