Peapack Gladstone Financial Corp Decreases Stake in iShares U.S. Technology ETF (NYSEARCA:IYW)

Peapack Gladstone Financial Corp lessened its holdings in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 3.3% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 22,735 shares of the exchange traded fund’s stock after selling 780 shares during the period. Peapack Gladstone Financial Corp’s holdings in iShares U.S. Technology ETF were worth $3,446,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Magnus Financial Group LLC grew its position in shares of iShares U.S. Technology ETF by 0.6% in the third quarter. Magnus Financial Group LLC now owns 11,845 shares of the exchange traded fund’s stock valued at $1,796,000 after purchasing an additional 67 shares in the last quarter. Marino Stram & Associates LLC grew 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 buying an additional 67 shares in the last quarter. Investment Advisory Group LLC grew 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 buying an additional 73 shares in the last quarter. Great Valley Advisor Group Inc. increased its stake in shares of iShares U.S. Technology ETF by 1.9% in the 3rd quarter. Great Valley Advisor Group Inc. now owns 3,963 shares of the exchange traded fund’s stock worth $600,000 after acquiring an additional 73 shares during the last quarter. Finally, Fort Washington Investment Advisors Inc. OH raised its holdings in shares of iShares U.S. Technology ETF by 0.6% during the 2nd quarter. Fort Washington Investment Advisors Inc. OH now owns 13,484 shares of the exchange traded fund’s stock worth $2,029,000 after acquiring an additional 74 shares during the period.

iShares U.S. Technology ETF Trading Down 0.0 %

Shares of IYW opened at $164.29 on Friday. iShares U.S. Technology ETF has a 12-month low of $117.19 and a 12-month high of $166.03. The firm has a market capitalization of $20.18 billion, a P/E ratio of 38.84 and a beta of 1.43. The firm has a 50-day moving average price of $157.91 and a 200 day moving average price of $150.98.

iShares U.S. Technology ETF 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).