Tobias Financial Advisors Inc. Purchases New Holdings in iShares U.S. Technology ETF $IYW

Tobias Financial Advisors Inc. bought a new stake in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 3,032 shares of the exchange traded fund’s stock, valued at approximately $525,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in IYW. PGIM Custom Harvest LLC lifted its stake in shares of iShares U.S. Technology ETF by 4.4% in the first quarter. PGIM Custom Harvest LLC now owns 4,528,761 shares of the exchange traded fund’s stock worth $636,019,000 after buying an additional 192,008 shares in the last quarter. Laurel Wealth Advisors LLC increased its position in shares of iShares U.S. Technology ETF by 18,553.4% during the second quarter. Laurel Wealth Advisors LLC now owns 3,690,017 shares of the exchange traded fund’s stock valued at $639,369,000 after acquiring an additional 3,670,235 shares in the last quarter. Hsbc Holdings PLC raised its holdings in iShares U.S. Technology ETF by 52.6% in 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. The Manufacturers Life Insurance Company lifted its position in iShares U.S. Technology ETF by 113.3% in the 1st quarter. The Manufacturers Life Insurance Company now owns 1,021,938 shares of the exchange traded fund’s stock valued at $143,521,000 after acquiring an additional 542,816 shares in the last quarter. Finally, Commonwealth Equity Services LLC boosted its stake in iShares U.S. Technology ETF by 8.3% during the 1st quarter. Commonwealth Equity Services LLC now owns 945,244 shares of the exchange traded fund’s stock valued at $132,750,000 after purchasing an additional 72,139 shares during the last quarter. Hedge funds and other institutional investors own 57.65% of the company’s stock.

iShares U.S. Technology ETF Price Performance

IYW stock opened at $198.68 on Friday. The stock has a market capitalization of $21.42 billion, a P/E ratio of 34.95 and a beta of 1.23. iShares U.S. Technology ETF has a 1-year low of $117.55 and a 1-year high of $211.98. The business has a fifty day moving average price of $198.94 and a 200-day moving average price of $183.09.

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).