Steward Partners Investment Advisory LLC Has $17.05 Million Position in iShares U.S. Technology ETF $IYW

Steward Partners Investment Advisory LLC grew its stake in iShares U.S. Technology ETF (NYSEARCA:IYW) by 19.8% during the 2nd quarter, Holdings Channel.com reports. The firm owned 98,383 shares of the exchange traded fund’s stock after acquiring an additional 16,290 shares during the period. Steward Partners Investment Advisory LLC’s holdings in iShares U.S. Technology ETF were worth $17,047,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also modified their holdings of IYW. Bell Investment Advisors Inc bought a new position in iShares U.S. Technology ETF in the 2nd quarter valued at about $25,000. Harbor Asset Planning Inc. acquired a new position in shares of iShares U.S. Technology ETF in the second quarter valued at approximately $27,000. Bogart Wealth LLC increased its stake in shares of iShares U.S. Technology ETF by 189.3% during the second quarter. Bogart Wealth LLC now owns 162 shares of the exchange traded fund’s stock worth $28,000 after purchasing an additional 106 shares during the period. Accredited Wealth Management LLC bought a new position in shares of iShares U.S. Technology ETF during the first quarter worth approximately $33,000. Finally, Tsfg LLC lifted its holdings in iShares U.S. Technology ETF by 35.4% during the 2nd quarter. Tsfg LLC now owns 222 shares of the exchange traded fund’s stock worth $38,000 after purchasing an additional 58 shares during the last quarter. Institutional investors own 57.65% of the company’s stock.

iShares U.S. Technology ETF Price Performance

IYW opened at $194.93 on Tuesday. The business has a fifty day simple moving average of $198.48 and a 200 day simple moving average of $182.09. iShares U.S. Technology ETF has a 1 year low of $117.55 and a 1 year high of $211.98. The company has a market capitalization of $21.01 billion, a PE ratio of 34.95 and a beta of 1.23.

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).