May Hill Capital LLC Increases Stock Holdings in iShares U.S. Technology ETF $IYW

May Hill Capital LLC increased its holdings in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 101.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,182 shares of the exchange traded fund’s stock after buying an additional 9,675 shares during the period. May Hill Capital LLC’s holdings in iShares U.S. Technology ETF were worth $3,830,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Principal Financial Group Inc. lifted its holdings in iShares U.S. Technology ETF by 99.1% in the 3rd quarter. Principal Financial Group Inc. now owns 107,427 shares of the exchange traded fund’s stock valued at $21,041,000 after purchasing an additional 53,466 shares in the last quarter. Compound Planning Inc. lifted its holdings in iShares U.S. Technology ETF by 10.7% in the 3rd quarter. Compound Planning Inc. now owns 135,021 shares of the exchange traded fund’s stock valued at $26,445,000 after purchasing an additional 13,045 shares in the last quarter. Clear Creek Financial Management LLC lifted its holdings in iShares U.S. Technology ETF by 32.2% in the 3rd quarter. Clear Creek Financial Management LLC now owns 11,842 shares of the exchange traded fund’s stock valued at $2,319,000 after purchasing an additional 2,882 shares in the last quarter. Bartlett & CO. Wealth Management LLC lifted its holdings in iShares U.S. Technology ETF by 20.6% in 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. Finally, ASL Financial LLC purchased a new position in iShares U.S. Technology ETF in the 4th quarter valued at $718,000. Hedge funds and other institutional investors own 57.65% of the company’s stock.

iShares U.S. Technology ETF Stock Performance

Shares of IYW stock opened at $238.80 on Friday. The stock’s fifty day moving average is $202.68 and its two-hundred day moving average is $200.01. The firm has a market capitalization of $23.49 billion, a P/E ratio of 34.95 and a beta of 1.33. iShares U.S. Technology ETF has a fifty-two week low of $154.02 and a fifty-two week high of $243.69.

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.