Russell Investments Group Ltd. lowered its holdings in iShares U.S. Technology ETF (NYSEARCA:IYW – Free Report) by 0.7% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 45,465 shares of the exchange traded fund’s stock after selling 305 shares during the period. Russell Investments Group Ltd.’s holdings in iShares U.S. Technology ETF were worth $6,141,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in IYW. Advisor Resource Council acquired a new position in shares of iShares U.S. Technology ETF during the 4th quarter worth about $531,000. CoreCap Advisors LLC increased its position in iShares U.S. Technology ETF by 3.8% during the fourth quarter. CoreCap Advisors LLC now owns 23,025 shares of the exchange traded fund’s stock worth $2,826,000 after buying an additional 848 shares during the last quarter. Raymond James & Associates grew its stake in shares of iShares U.S. Technology ETF by 1.6% in the fourth quarter. Raymond James & Associates now owns 534,731 shares of the exchange traded fund’s stock valued at $65,638,000 after acquiring an additional 8,363 shares in the last quarter. Security Financial Services INC. raised its stake in iShares U.S. Technology ETF by 46.2% in the 4th quarter. Security Financial Services INC. now owns 80,642 shares of the exchange traded fund’s stock worth $9,899,000 after purchasing an additional 25,475 shares in the last quarter. Finally, Raymond James Financial Services Advisors Inc. increased its holdings in shares of iShares U.S. Technology ETF by 14.3% during the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 826,827 shares of the exchange traded fund’s stock worth $101,493,000 after purchasing an additional 103,726 shares during the period.
iShares U.S. Technology ETF Trading Down 1.1 %
NYSEARCA IYW opened at $148.01 on Monday. The firm’s 50 day simple moving average is $147.37 and its 200 day simple moving average is $136.68. The firm has a market capitalization of $18.18 billion, a price-to-earnings ratio of 38.84 and a beta of 1.43. iShares U.S. Technology ETF has a 1 year low of $100.84 and a 1 year high of $158.97.
iShares U.S. 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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