Westside Investment Management Inc. grew its holdings in iShares Dow Jones US Technology (NYSEARCA:IYW) by 12.9% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,676 shares of the exchange traded fund’s stock after purchasing an additional 305 shares during the quarter. Westside Investment Management Inc.’s holdings in iShares Dow Jones US Technology were worth $351,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in IYW. Northwestern Mutual Wealth Management Co. grew its position in shares of iShares Dow Jones US Technology by 18.6% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 911 shares of the exchange traded fund’s stock valued at $127,000 after purchasing an additional 143 shares during the last quarter. BDO Wealth Advisors LLC acquired a new stake in shares of iShares Dow Jones US Technology in the second quarter valued at approximately $177,000. D.A. Davidson & CO. grew its position in shares of iShares Dow Jones US Technology by 3.7% in the second quarter. D.A. Davidson & CO. now owns 1,813 shares of the exchange traded fund’s stock valued at $253,000 after purchasing an additional 65 shares during the last quarter. United Asset Strategies Inc. grew its position in shares of iShares Dow Jones US Technology by 8.2% in the second quarter. United Asset Strategies Inc. now owns 8,260 shares of the exchange traded fund’s stock valued at $266,000 after purchasing an additional 625 shares during the last quarter. Finally, Rock Point Advisors LLC acquired a new stake in shares of iShares Dow Jones US Technology in the second quarter valued at approximately $301,000.

iShares Dow Jones US Technology (NYSEARCA:IYW) traded up 0.32% during mid-day trading on Friday, hitting $152.28. 93,168 shares of the stock traded hands. iShares Dow Jones US Technology has a 12-month low of $114.68 and a 12-month high of $152.32. The stock has a 50 day moving average price of $148.57 and a 200 day moving average price of $143.07.

The company also recently announced a quarterly dividend, which was paid on Friday, September 29th. Stockholders of record on Wednesday, September 27th were given a $0.3408 dividend. This is an increase from iShares Dow Jones US Technology’s previous quarterly dividend of $0.33. This represents a $1.36 annualized dividend and a dividend yield of 0.90%. The ex-dividend date was Tuesday, September 26th.

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About iShares Dow Jones US Technology

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 Dow Jones US Technology (NYSEARCA:IYW)

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