5,077 Shares in iShares U.S. Technology ETF $IYW Purchased by FSA Wealth Partners Inc.

FSA Wealth Partners Inc. purchased a new stake in iShares U.S. Technology ETF (NYSEARCA:IYW) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 5,077 shares of the exchange traded fund’s stock, valued at approximately $880,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in IYW. Beacon Financial Group boosted its position in iShares U.S. Technology ETF by 7.0% in the 1st quarter. Beacon Financial Group now owns 45,775 shares of the exchange traded fund’s stock valued at $6,429,000 after buying an additional 3,008 shares during the period. Cypress Wealth Services LLC boosted its position in iShares U.S. Technology ETF by 0.4% in the 1st quarter. Cypress Wealth Services LLC now owns 52,507 shares of the exchange traded fund’s stock valued at $7,374,000 after buying an additional 223 shares during the period. KWB Wealth boosted its position in iShares U.S. Technology ETF by 7.6% in the 1st quarter. KWB Wealth now owns 44,375 shares of the exchange traded fund’s stock valued at $6,232,000 after buying an additional 3,122 shares during the period. Thurston Springer Miller Herd & Titak Inc. boosted its position in iShares U.S. Technology ETF by 2.7% in the 1st quarter. Thurston Springer Miller Herd & Titak Inc. now owns 5,008 shares of the exchange traded fund’s stock valued at $703,000 after buying an additional 132 shares during the period. Finally, Safeguard Financial LLC purchased a new position in iShares U.S. Technology ETF in the 1st quarter valued at approximately $506,000. Hedge funds and other institutional investors own 57.65% of the company’s stock.

iShares U.S. Technology ETF Stock Up 0.6%

Shares of IYW stock opened at $198.49 on Friday. iShares U.S. Technology ETF has a 52 week low of $117.55 and a 52 week high of $198.89. The stock has a market capitalization of $24.82 billion, a PE ratio of 34.95 and a beta of 1.15. The firm has a 50 day moving average of $185.76 and a two-hundred day moving average of $165.70.

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).