9,017 Shares in iShares U.S. Technology ETF $IYW Bought by Carret Asset Management LLC

Carret Asset Management LLC acquired a new stake in iShares U.S. Technology ETF (NYSEARCA:IYW) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 9,017 shares of the exchange traded fund’s stock, valued at approximately $2,389,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of IYW. Envestnet Asset Management Inc. boosted its position in iShares U.S. Technology ETF by 2.4% during the second quarter. Envestnet Asset Management Inc. now owns 1,352,659 shares of the exchange traded fund’s stock worth $341,174,000 after purchasing an additional 31,952 shares in the last quarter. The Manufacturers Life Insurance Company acquired a new stake in iShares U.S. Technology ETF in the second quarter valued at $200,579,000. Hsbc Holdings PLC grew its holdings in iShares U.S. Technology ETF by 10.3% in the first quarter. Hsbc Holdings PLC now owns 977,825 shares of the exchange traded fund’s stock valued at $177,397,000 after purchasing an additional 91,338 shares during the last quarter. Commonwealth Equity Services LLC purchased a new position in shares of iShares U.S. Technology ETF in the third quarter valued at $150,156,000. Finally, Kestra Advisory Services LLC increased its position in shares of iShares U.S. Technology ETF by 1.2% in the third quarter. Kestra Advisory Services LLC now owns 483,241 shares of the exchange traded fund’s stock valued at $128,011,000 after buying an additional 5,513 shares in the last quarter. 57.65% of the stock is owned by institutional investors and hedge funds.

iShares U.S. Technology ETF Price Performance

Shares of IYW stock opened at $227.07 on Monday. The stock has a market cap of $22.37 billion, a P/E ratio of 34.95 and a beta of 1.37. iShares U.S. Technology ETF has a fifty-two week low of $172.54 and a fifty-two week high of $274.44. The business has a fifty day simple moving average of $255.64 and a 200-day simple moving average of $230.22.

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). 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.