iShares U.S. Technology ETF $IYW Shares Purchased by Hsbc Holdings PLC

Hsbc Holdings PLC grew its stake in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 3.4% during the fourth quarter, Holdings Channel reports. The institutional investor owned 886,487 shares of the exchange traded fund’s stock after acquiring an additional 29,367 shares during the period. Hsbc Holdings PLC’s holdings in iShares U.S. Technology ETF were worth $177,014,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in IYW. Bartlett & CO. Wealth Management LLC boosted its stake in iShares U.S. Technology ETF by 20.6% during the 4th quarter. Bartlett & CO. Wealth Management LLC now owns 42,286 shares of the exchange traded fund’s stock valued at $8,444,000 after purchasing an additional 7,217 shares in the last quarter. JPMorgan Chase & Co. increased its position in shares of iShares U.S. Technology ETF by 34.4% during the 4th quarter. JPMorgan Chase & Co. now owns 4,033,291 shares of the exchange traded fund’s stock valued at $805,368,000 after purchasing an additional 1,031,871 shares during the period. Tudor Investment Corp ET AL raised its stake in shares of iShares U.S. Technology ETF by 714.4% in the 3rd quarter. Tudor Investment Corp ET AL now owns 23,284 shares of the exchange traded fund’s stock worth $4,560,000 after buying an additional 20,425 shares in the last quarter. ASL Financial LLC bought a new stake in shares of iShares U.S. Technology ETF in the 4th quarter worth $718,000. Finally, Farther Finance Advisors LLC boosted its stake in iShares U.S. Technology ETF by 4.7% during the fourth quarter. Farther Finance Advisors LLC now owns 60,006 shares of the exchange traded fund’s stock valued at $11,982,000 after buying an additional 2,674 shares in the last quarter. 57.65% of the stock is currently owned by institutional investors.

iShares U.S. Technology ETF Price Performance

NYSEARCA:IYW opened at $243.48 on Friday. The business’s 50-day moving average price is $240.99 and its 200 day moving average price is $211.12. iShares U.S. Technology ETF has a 52-week low of $172.54 and a 52-week high of $261.01. The firm has a market cap of $24.52 billion, a P/E ratio of 34.95 and a beta of 1.35.

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.