Perkins Coie Trust Co Has $13.29 Million Stock Position in iShares U.S. Technology ETF $IYW

Perkins Coie Trust Co lowered its stake in iShares U.S. Technology ETF (NYSEARCA:IYW) by 4.9% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 52,686 shares of the exchange traded fund’s stock after selling 2,733 shares during the period. iShares U.S. Technology ETF makes up 2.2% of Perkins Coie Trust Co’s holdings, making the stock its 12th biggest holding. Perkins Coie Trust Co’s holdings in iShares U.S. Technology ETF were worth $13,289,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. JPMorgan Chase & Co. raised its position in shares of iShares U.S. Technology ETF by 34.4% in the 4th quarter. JPMorgan Chase & Co. now owns 4,033,291 shares of the exchange traded fund’s stock valued at $805,368,000 after buying an additional 1,031,871 shares in the last quarter. Farther Finance Advisors LLC boosted its position in shares of iShares U.S. Technology ETF by 4.7% during the 4th quarter. Farther Finance Advisors LLC now owns 60,006 shares of the exchange traded fund’s stock worth $11,982,000 after acquiring an additional 2,674 shares in the last quarter. Rede Wealth LLC acquired a new stake in shares of iShares U.S. Technology ETF during the 4th quarter worth approximately $972,000. Madrid Wealth Management LLC acquired a new stake in shares of iShares U.S. Technology ETF during the 4th quarter worth approximately $652,000. Finally, Tennessee Valley Asset Management Partners increased its stake in iShares U.S. Technology ETF by 18.4% in the fourth quarter. Tennessee Valley Asset Management Partners now owns 17,697 shares of the exchange traded fund’s stock valued at $3,534,000 after acquiring an additional 2,750 shares during the last quarter. Institutional investors and hedge funds own 57.65% of the company’s stock.

iShares U.S. Technology ETF Price Performance

Shares of IYW opened at $252.38 on Tuesday. iShares U.S. Technology ETF has a one year low of $172.54 and a one year high of $261.01. The company has a market cap of $25.00 billion, a P/E ratio of 34.95 and a beta of 1.36. The firm has a 50 day simple moving average of $245.46 and a two-hundred day simple moving average of $219.19.

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.