1,159 Shares in iShares U.S. Technology ETF $IYW Bought by Inspire Advisors LLC

Inspire Advisors LLC bought a new position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) in the second quarter, HoldingsChannel.com reports. The institutional investor bought 1,159 shares of the exchange traded fund’s stock, valued at approximately $201,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of IYW. Tsfg LLC boosted its position in shares of iShares U.S. Technology ETF by 35.4% during the second quarter. Tsfg LLC now owns 222 shares of the exchange traded fund’s stock worth $38,000 after buying an additional 58 shares during the period. Hoey Investments Inc. boosted its position in iShares U.S. Technology ETF by 31.6% during the 2nd quarter. Hoey Investments Inc. now owns 250 shares of the exchange traded fund’s stock worth $43,000 after acquiring an additional 60 shares during the last quarter. Montag A & Associates Inc. boosted its position in iShares U.S. Technology ETF by 1.0% during the 2nd quarter. Montag A & Associates Inc. now owns 5,898 shares of the exchange traded fund’s stock worth $1,022,000 after acquiring an additional 60 shares during the last quarter. NorthRock Partners LLC grew its stake in shares of iShares U.S. Technology ETF by 1.5% during the 1st quarter. NorthRock Partners LLC now owns 5,576 shares of the exchange traded fund’s stock worth $783,000 after acquiring an additional 83 shares in the last quarter. Finally, Keystone Wealth Services LLC raised its holdings in shares of iShares U.S. Technology ETF by 0.7% in the second quarter. Keystone Wealth Services LLC now owns 14,098 shares of the exchange traded fund’s stock valued at $2,443,000 after purchasing an additional 94 shares during the last quarter. Institutional investors and hedge funds own 57.65% of the company’s stock.

iShares U.S. Technology ETF Trading Down 2.8%

Shares of IYW opened at $189.12 on Friday. The stock has a market capitalization of $20.39 billion, a price-to-earnings ratio of 34.95 and a beta of 1.23. iShares U.S. Technology ETF has a 12 month low of $117.55 and a 12 month high of $211.98. The firm has a fifty day simple moving average of $198.36 and a 200 day simple moving average of $180.97.

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).