Eq LLC Grows Stock Position in iShares U.S. Technology ETF (NYSEARCA:IYW)

Eq LLC increased its holdings in iShares U.S. Technology ETF (NYSEARCA:IYW) by 15.1% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 21,092 shares of the exchange traded fund’s stock after buying an additional 2,767 shares during the period. iShares U.S. Technology ETF comprises about 1.6% of Eq LLC’s holdings, making the stock its 15th largest position. Eq LLC’s holdings in iShares U.S. Technology ETF were worth $3,198,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Magnus Financial Group LLC boosted its position in shares of iShares U.S. Technology ETF by 0.6% in the 3rd quarter. Magnus Financial Group LLC now owns 11,845 shares of the exchange traded fund’s stock worth $1,796,000 after buying an additional 67 shares in the last quarter. Marino Stram & Associates LLC lifted its holdings in iShares U.S. Technology ETF by 3.7% in the 3rd quarter. Marino Stram & Associates LLC now owns 1,902 shares of the exchange traded fund’s stock valued at $288,000 after purchasing an additional 67 shares in the last quarter. Investment Advisory Group LLC lifted its holdings in iShares U.S. Technology ETF by 1.0% in the 3rd quarter. Investment Advisory Group LLC now owns 7,583 shares of the exchange traded fund’s stock valued at $1,150,000 after purchasing an additional 73 shares in the last quarter. Fort Washington Investment Advisors Inc. OH lifted its holdings in iShares U.S. Technology ETF by 0.6% in the 2nd quarter. Fort Washington Investment Advisors Inc. OH now owns 13,484 shares of the exchange traded fund’s stock valued at $2,029,000 after purchasing an additional 74 shares in the last quarter. Finally, Saxony Capital Management LLC lifted its holdings in iShares U.S. Technology ETF by 5.4% in the 3rd quarter. Saxony Capital Management LLC now owns 1,473 shares of the exchange traded fund’s stock valued at $223,000 after purchasing an additional 76 shares in the last quarter.

iShares U.S. Technology ETF Trading Down 2.5 %

NYSEARCA:IYW opened at $155.52 on Monday. The firm has a market cap of $19.11 billion, a price-to-earnings ratio of 38.84 and a beta of 1.43. The company’s 50-day moving average is $152.62 and its two-hundred day moving average is $147.66. iShares U.S. Technology ETF has a 12-month low of $114.84 and a 12-month high of $161.49.

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).