Sanctuary Advisors LLC Purchases 22,151 Shares of iShares U.S. Technology ETF $IYW

Sanctuary Advisors LLC boosted its holdings in iShares U.S. Technology ETF (NYSEARCA:IYW) by 10.6% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 231,479 shares of the exchange traded fund’s stock after purchasing an additional 22,151 shares during the quarter. Sanctuary Advisors LLC’s holdings in iShares U.S. Technology ETF were worth $41,995,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Monetary Solutions Ltd acquired a new position in iShares U.S. Technology ETF during the fourth quarter worth $26,000. Sankala Group LLC acquired a new position in shares of iShares U.S. Technology ETF during the fourth quarter valued at about $26,000. Triumph Capital Management bought a new stake in shares of iShares U.S. Technology ETF during the third quarter worth about $28,000. Miller Capital Partners Inc. bought a new stake in shares of iShares U.S. Technology ETF during the fourth quarter worth about $28,000. Finally, Citizens National Bank Trust Department acquired a new stake in shares of iShares U.S. Technology ETF in the 1st quarter worth about $31,000. Institutional investors own 57.65% of the company’s stock.

iShares U.S. Technology ETF Price Performance

IYW opened at $248.19 on Wednesday. iShares U.S. Technology ETF has a fifty-two week low of $172.54 and a fifty-two week high of $261.01. The firm has a market capitalization of $24.97 billion, a PE ratio of 34.95 and a beta of 1.35. The company’s 50-day moving average is $245.12 and its 200 day moving average is $213.59.

iShares U.S. Technology ETF Company 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). The Index measures the performance of the technology sector of the United States equity market, and includes companies in the industry groups, such as software and computer services and technology hardware and equipment.