Moloney Securities Asset Management LLC Has $11.41 Million Stock Position in iShares U.S. Technology ETF $IYW

Moloney Securities Asset Management LLC raised its stake in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 579.4% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 58,238 shares of the exchange traded fund’s stock after acquiring an additional 49,666 shares during the quarter. iShares U.S. Technology ETF accounts for 1.4% of Moloney Securities Asset Management LLC’s holdings, making the stock its 11th largest position. Moloney Securities Asset Management LLC’s holdings in iShares U.S. Technology ETF were worth $11,407,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Bell Investment Advisors Inc acquired a new position in iShares U.S. Technology ETF in the second quarter worth about $25,000. Harbor Asset Planning Inc. bought a new stake in iShares U.S. Technology ETF during the 2nd quarter worth approximately $27,000. Bogart Wealth LLC increased its holdings in iShares U.S. Technology ETF by 189.3% during the 2nd quarter. Bogart Wealth LLC now owns 162 shares of the exchange traded fund’s stock valued at $28,000 after purchasing an additional 106 shares in the last quarter. Bangor Savings Bank acquired a new stake in iShares U.S. Technology ETF during the 3rd quarter valued at $31,000. Finally, Hantz Financial Services Inc. acquired a new stake in shares of iShares U.S. Technology ETF in the third quarter valued at $31,000. 57.65% of the stock is currently owned by institutional investors and hedge funds.

iShares U.S. Technology ETF Trading Up 3.6%

IYW opened at $193.49 on Friday. iShares U.S. Technology ETF has a 1-year low of $117.55 and a 1-year high of $211.98. The stock has a market capitalization of $20.25 billion, a PE ratio of 34.95 and a beta of 1.23. The firm has a 50-day moving average price of $199.87 and a two-hundred day moving average price of $194.47.

iShares U.S. Technology ETF Company 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.