BBR Partners LLC Increases Holdings in iShares U.S. Technology ETF $IYW

BBR Partners LLC grew its holdings in iShares U.S. Technology ETF (NYSEARCA:IYW) by 85.6% in the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 18,982 shares of the exchange traded fund’s stock after buying an additional 8,756 shares during the quarter. BBR Partners LLC’s holdings in iShares U.S. Technology ETF were worth $3,289,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in IYW. Bell Investment Advisors Inc purchased a new stake in iShares U.S. Technology ETF in the second quarter worth $25,000. Harbor Asset Planning Inc. bought a new position in iShares U.S. Technology ETF in the 2nd quarter worth $27,000. Bogart Wealth LLC lifted its position in shares of iShares U.S. Technology ETF by 189.3% in the 2nd quarter. Bogart Wealth LLC now owns 162 shares of the exchange traded fund’s stock worth $28,000 after purchasing an additional 106 shares during the period. Tsfg LLC boosted its stake in shares of iShares U.S. Technology ETF by 35.4% during the 2nd quarter. Tsfg LLC now owns 222 shares of the exchange traded fund’s stock valued at $38,000 after purchasing an additional 58 shares in the last quarter. Finally, Private Wealth Asset Management LLC purchased a new position in shares of iShares U.S. Technology ETF during the second quarter valued at about $39,000. 57.65% of the stock is owned by hedge funds and other institutional investors.

iShares U.S. Technology ETF Price Performance

IYW stock opened at $198.53 on Friday. iShares U.S. Technology ETF has a 1 year low of $117.55 and a 1 year high of $211.98. The firm has a 50-day moving average of $200.21 and a 200 day moving average of $185.97. The company has a market cap of $21.40 billion, a P/E ratio of 34.95 and a beta of 1.23.

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).