Schmidt P J Investment Management Inc. Acquires 831 Shares of iShares U.S. Technology ETF $IYW

Schmidt P J Investment Management Inc. lifted its holdings in iShares U.S. Technology ETF (NYSEARCA:IYW) by 2.5% during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 33,438 shares of the exchange traded fund’s stock after purchasing an additional 831 shares during the period. Schmidt P J Investment Management Inc.’s holdings in iShares U.S. Technology ETF were worth $4,696,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Hoey Investments Inc. bought a new position in shares of iShares U.S. Technology ETF in the 1st quarter worth approximately $27,000. Trust Co. of Vermont bought a new position in shares of iShares U.S. Technology ETF in the 1st quarter worth approximately $30,000. Park Square Financial Group LLC lifted its stake in shares of iShares U.S. Technology ETF by 588.2% in the 1st quarter. Park Square Financial Group LLC now owns 234 shares of the exchange traded fund’s stock worth $33,000 after purchasing an additional 200 shares during the period. Accredited Wealth Management LLC bought a new stake in iShares U.S. Technology ETF during the 1st quarter worth approximately $33,000. Finally, Tidemark LLC raised its stake in iShares U.S. Technology ETF by 56.0% during the 1st quarter. Tidemark LLC now owns 301 shares of the exchange traded fund’s stock worth $42,000 after acquiring an additional 108 shares during the period. Institutional investors own 57.65% of the company’s stock.

iShares U.S. Technology ETF Trading Up 0.4%

NYSEARCA IYW opened at $184.97 on Wednesday. iShares U.S. Technology ETF has a 12 month low of $117.55 and a 12 month high of $186.63. The stock has a market cap of $23.13 billion, a price-to-earnings ratio of 34.95 and a beta of 1.15. The company’s 50 day moving average is $180.20 and its two-hundred day moving average is $160.69.

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).