Peddock Capital Advisors LLC acquired a new position in iShares US Technology ETF (NYSEARCA:IYW) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 490 shares of the exchange traded fund’s stock, valued at approximately $114,000.

A number of other institutional investors have also modified their holdings of IYW. Royal Bank of Canada boosted its position in shares of iShares US Technology ETF by 13.1% during the second quarter. Royal Bank of Canada now owns 261,286 shares of the exchange traded fund’s stock worth $51,705,000 after buying an additional 30,191 shares during the period. Envestnet Asset Management Inc. boosted its position in shares of iShares US Technology ETF by 13.6% during the third quarter. Envestnet Asset Management Inc. now owns 83,935 shares of the exchange traded fund’s stock worth $17,140,000 after buying an additional 10,060 shares during the period. Quantitative Advantage LLC boosted its position in shares of iShares US Technology ETF by 17.7% during the third quarter. Quantitative Advantage LLC now owns 76,107 shares of the exchange traded fund’s stock worth $15,542,000 after buying an additional 11,421 shares during the period. Mainstay Capital Management LLC ADV purchased a new position in shares of iShares US Technology ETF during the fourth quarter worth $17,197,000. Finally, First Merchants Corp purchased a new position in shares of iShares US Technology ETF during the third quarter worth $14,860,000.

Shares of IYW traded down $1.40 during midday trading on Friday, hitting $248.12. 108,785 shares of the stock were exchanged, compared to its average volume of 98,999. The stock has a fifty day simple moving average of $234.71 and a 200 day simple moving average of $214.42. iShares US Technology ETF has a 52-week low of $166.52 and a 52-week high of $250.05.

iShares US 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).

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Institutional Ownership by Quarter for iShares US Technology ETF (NYSEARCA:IYW)

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