iShares U.S. Technology ETF $IYW is Signature Wealth Management Partners LLC’s 4th Largest Position

Signature Wealth Management Partners LLC increased its stake in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 0.8% in the second quarter, HoldingsChannel reports. The firm owned 65,048 shares of the exchange traded fund’s stock after buying an additional 496 shares during the period. iShares U.S. Technology ETF makes up approximately 6.4% of Signature Wealth Management Partners LLC’s investment portfolio, making the stock its 4th largest position. Signature Wealth Management Partners LLC’s holdings in iShares U.S. Technology ETF were worth $11,271,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in IYW. Hoey Investments Inc. purchased a new stake in shares of iShares U.S. Technology ETF during the 1st quarter worth $27,000. Trust Co. of Vermont purchased a new stake in iShares U.S. Technology ETF in the first quarter valued at about $30,000. Park Square Financial Group LLC raised its stake in iShares U.S. Technology ETF by 588.2% in the first quarter. Park Square Financial Group LLC now owns 234 shares of the exchange traded fund’s stock valued at $33,000 after buying an additional 200 shares during the last quarter. Accredited Wealth Management LLC purchased a new stake in iShares U.S. Technology ETF in the first quarter valued at about $33,000. Finally, SJS Investment Consulting Inc. purchased a new stake in iShares U.S. Technology ETF in the second quarter valued at about $41,000. 57.65% of the stock is currently owned by hedge funds and other institutional investors.

iShares U.S. Technology ETF Stock Performance

iShares U.S. Technology ETF stock opened at $197.46 on Friday. The stock has a 50-day moving average of $186.11 and a two-hundred day moving average of $166.06. iShares U.S. Technology ETF has a one year low of $117.55 and a one year high of $199.31. The stock has a market cap of $21.27 billion, a PE ratio of 34.95 and a beta of 1.15.

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).