iShares U.S. Technology ETF $IYW Shares Bought by First Command Advisory Services Inc.

First Command Advisory Services Inc. increased its holdings in iShares U.S. Technology ETF (NYSEARCA:IYW) by 1,393.1% during the third quarter, Holdings Channel.com reports. The firm owned 3,225 shares of the exchange traded fund’s stock after acquiring an additional 3,009 shares during the quarter. First Command Advisory Services Inc.’s holdings in iShares U.S. Technology ETF were worth $854,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. 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 valued at $341,174,000 after buying an additional 31,952 shares during the period. The Manufacturers Life Insurance Company bought a new position in shares of iShares U.S. Technology ETF during the second quarter valued at about $200,579,000. Hsbc Holdings PLC increased its holdings in shares of 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 worth $177,397,000 after buying an additional 91,338 shares during the period. Commonwealth Equity Services LLC purchased a new position in shares of iShares U.S. Technology ETF in the third quarter worth about $150,156,000. Finally, Kestra Advisory Services LLC lifted its stake in shares of iShares U.S. Technology ETF by 1.2% in the 3rd quarter. Kestra Advisory Services LLC now owns 483,241 shares of the exchange traded fund’s stock valued at $128,011,000 after acquiring an additional 5,513 shares during the last quarter. 57.65% of the stock is owned by institutional investors.

iShares U.S. Technology ETF Trading Up 2.6%

NYSEARCA IYW opened at $236.70 on Thursday. The firm has a market cap of $23.58 billion, a PE ratio of 26.89 and a beta of 1.37. iShares U.S. Technology ETF has a 1-year low of $172.54 and a 1-year high of $274.44. The stock has a 50-day moving average of $254.66 and a 200-day moving average of $230.75.

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). 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.