Financial Life Advisors Has $9.61 Million Stock Position in iShares U.S. Technology ETF $IYW

Financial Life Advisors increased its position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 4.1% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 55,444 shares of the exchange traded fund’s stock after buying an additional 2,197 shares during the period. iShares U.S. Technology ETF accounts for approximately 3.3% of Financial Life Advisors’ holdings, making the stock its 11th biggest position. Financial Life Advisors’ holdings in iShares U.S. Technology ETF were worth $9,607,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Hoey Investments Inc. boosted its holdings in shares of iShares U.S. Technology ETF by 31.6% in the 2nd quarter. Hoey Investments Inc. now owns 250 shares of the exchange traded fund’s stock worth $43,000 after acquiring an additional 60 shares in the last quarter. True Vision MN LLC raised its position in iShares U.S. Technology ETF by 0.4% in the 1st quarter. True Vision MN LLC now owns 19,475 shares of the exchange traded fund’s stock valued at $2,735,000 after purchasing an additional 72 shares during the last quarter. Continuum Advisory LLC boosted its stake in iShares U.S. Technology ETF by 11.4% in the first quarter. Continuum Advisory LLC now owns 750 shares of the exchange traded fund’s stock worth $105,000 after purchasing an additional 77 shares in the last quarter. Resurgent Financial Advisors LLC grew its holdings in shares of iShares U.S. Technology ETF by 2.8% during the first quarter. Resurgent Financial Advisors LLC now owns 2,889 shares of the exchange traded fund’s stock worth $406,000 after purchasing an additional 80 shares during the last quarter. Finally, NorthRock Partners LLC increased its stake in shares of iShares U.S. Technology ETF by 1.5% in the first quarter. NorthRock Partners LLC now owns 5,576 shares of the exchange traded fund’s stock valued at $783,000 after buying an additional 83 shares in the last quarter. Institutional investors own 57.65% of the company’s stock.

iShares U.S. Technology ETF Stock Down 0.8%

iShares U.S. Technology ETF stock opened at $197.79 on Wednesday. The stock has a 50-day simple moving average of $186.81 and a 200 day simple moving average of $166.93. The stock has a market capitalization of $21.22 billion, a price-to-earnings ratio of 34.95 and a beta of 1.15. iShares U.S. Technology ETF has a 12-month low of $117.55 and a 12-month high of $200.43.

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).