iShares U.S. Technology ETF (NYSEARCA:IYW) Stake Lifted by West Wealth Group LLC

West Wealth Group LLC lifted its stake in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 2.5% during the 2nd quarter, Holdings Channel reports. The fund owned 69,740 shares of the exchange traded fund’s stock after buying an additional 1,711 shares during the quarter. iShares U.S. Technology ETF comprises 3.7% of West Wealth Group LLC’s portfolio, making the stock its 8th largest holding. West Wealth Group LLC’s holdings in iShares U.S. Technology ETF were worth $10,496,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of IYW. Rosenberg Matthew Hamilton raised its holdings in iShares U.S. Technology ETF by 133.8% in the 2nd quarter. Rosenberg Matthew Hamilton now owns 166 shares of the exchange traded fund’s stock valued at $25,000 after buying an additional 95 shares during the period. Central Bank & Trust Co. raised its holdings in iShares U.S. Technology ETF by 343.6% in the 2nd quarter. Central Bank & Trust Co. now owns 173 shares of the exchange traded fund’s stock valued at $26,000 after buying an additional 134 shares during the period. VitalStone Financial LLC purchased a new stake in iShares U.S. Technology ETF in the 1st quarter valued at about $36,000. Tidemark LLC purchased a new stake in iShares U.S. Technology ETF in the 4th quarter valued at about $50,000. Finally, Cultivar Capital Inc. purchased a new stake in iShares U.S. Technology ETF in the 2nd quarter valued at about $53,000.

iShares U.S. Technology ETF Stock Up 1.1 %

NYSEARCA IYW traded up $1.65 during trading on Monday, hitting $147.76. The stock had a trading volume of 401,800 shares, compared to its average volume of 889,647. The company has a market capitalization of $18.15 billion, a PE ratio of 38.84 and a beta of 1.43. The firm has a 50 day moving average price of $147.91 and a 200 day moving average price of $140.29. iShares U.S. Technology ETF has a twelve month low of $100.84 and a twelve month high of $158.97.

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).