Harbour Investments Inc. Raises Holdings in iShares U.S. Technology ETF (NYSEARCA:IYW)

Harbour Investments Inc. lifted its holdings in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 4.4% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 24,901 shares of the exchange traded fund’s stock after purchasing an additional 1,045 shares during the period. Harbour Investments Inc.’s holdings in iShares U.S. Technology ETF were worth $3,748,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also modified their holdings of the business. Envestnet Asset Management Inc. raised its stake in shares of iShares U.S. Technology ETF by 38.6% during the 4th quarter. Envestnet Asset Management Inc. now owns 10,523,831 shares of the exchange traded fund’s stock worth $1,291,800,000 after buying an additional 2,928,731 shares in the last quarter. UBS Group AG increased its stake in iShares U.S. Technology ETF by 8.1% in the 4th quarter. UBS Group AG now owns 2,129,589 shares of the exchange traded fund’s stock valued at $261,407,000 after purchasing an additional 160,092 shares in the last quarter. FIL Ltd increased its stake in iShares U.S. Technology ETF by 33.2% in the 4th quarter. FIL Ltd now owns 1,456,287 shares of the exchange traded fund’s stock valued at $178,759,000 after purchasing an additional 363,201 shares in the last quarter. Envestnet Portfolio Solutions Inc. increased its stake in iShares U.S. Technology ETF by 2.2% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 1,390,175 shares of the exchange traded fund’s stock valued at $209,221,000 after purchasing an additional 30,147 shares in the last quarter. Finally, CWM LLC increased its stake in iShares U.S. Technology ETF by 8.8% in the 1st quarter. CWM LLC now owns 1,173,803 shares of the exchange traded fund’s stock valued at $158,534,000 after purchasing an additional 95,066 shares in the last quarter.

iShares U.S. Technology ETF Stock Down 1.3 %

NYSEARCA IYW traded down $1.89 during mid-day trading on Wednesday, hitting $146.69. The stock had a trading volume of 267,572 shares, compared to its average volume of 892,998. iShares U.S. Technology ETF has a 52-week low of $100.84 and a 52-week high of $158.97. The company has a market cap of $18.02 billion, a price-to-earnings ratio of 38.84 and a beta of 1.43. The company has a 50 day simple moving average of $148.20 and a 200 day simple moving average of $139.99.

About iShares U.S. Technology ETF

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).