iShares U.S. Technology ETF $IYW Position Boosted by Schmidt P J Investment Management Inc.

Schmidt P J Investment Management Inc. lifted its stake in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 6.5% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 35,626 shares of the exchange traded fund’s stock after purchasing an additional 2,188 shares during the period. Schmidt P J Investment Management Inc.’s holdings in iShares U.S. Technology ETF were worth $6,173,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of IYW. Hoey Investments Inc. lifted its holdings in iShares U.S. Technology ETF by 31.6% in the second quarter. Hoey Investments Inc. now owns 250 shares of the exchange traded fund’s stock worth $43,000 after acquiring an additional 60 shares during the last quarter. True Vision MN LLC lifted its holdings in iShares U.S. Technology ETF by 0.4% in the first quarter. True Vision MN LLC now owns 19,475 shares of the exchange traded fund’s stock worth $2,735,000 after acquiring an additional 72 shares during the last quarter. Resurgent Financial Advisors LLC lifted its holdings in iShares U.S. Technology ETF by 2.8% in the first quarter. Resurgent Financial Advisors LLC now owns 2,889 shares of the exchange traded fund’s stock worth $406,000 after acquiring an additional 80 shares during the last quarter. NorthRock Partners LLC lifted its holdings in iShares U.S. Technology ETF by 1.5% in the first quarter. NorthRock Partners LLC now owns 5,576 shares of the exchange traded fund’s stock worth $783,000 after acquiring an additional 83 shares during the last quarter. Finally, Keystone Wealth Services LLC lifted its holdings in iShares U.S. Technology ETF by 0.7% in the second quarter. Keystone Wealth Services LLC now owns 14,098 shares of the exchange traded fund’s stock worth $2,443,000 after acquiring an additional 94 shares during the last quarter. Institutional investors own 57.65% of the company’s stock.

iShares U.S. Technology ETF Stock Up 1.6%

Shares of NYSEARCA IYW opened at $203.09 on Monday. The firm’s 50-day moving average price is $190.92 and its two-hundred day moving average price is $172.67. iShares U.S. Technology ETF has a 52-week low of $117.55 and a 52-week high of $203.85. The stock has a market capitalization of $21.66 billion, a P/E 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).