BBR Partners LLC Grows Holdings in iShares U.S. Technology ETF $IYW

BBR Partners LLC boosted its holdings in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 85.6% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 18,982 shares of the exchange traded fund’s stock after acquiring an additional 8,756 shares during the period. BBR Partners LLC’s holdings in iShares U.S. Technology ETF were worth $3,289,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of the business. Bell Investment Advisors Inc bought a new position in shares of iShares U.S. Technology ETF during the second quarter valued at approximately $25,000. Harbor Asset Planning Inc. purchased a new stake in shares of iShares U.S. Technology ETF in the 2nd quarter worth approximately $27,000. Bogart Wealth LLC increased its position in iShares U.S. Technology ETF by 189.3% during the 2nd quarter. Bogart Wealth LLC now owns 162 shares of the exchange traded fund’s stock valued at $28,000 after buying an additional 106 shares in the last quarter. Accredited Wealth Management LLC purchased a new position in iShares U.S. Technology ETF during the first quarter valued at $33,000. Finally, Tsfg LLC raised its stake in 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 valued at $38,000 after buying an additional 58 shares during the last quarter. Institutional investors own 57.65% of the company’s stock.

iShares U.S. Technology ETF Trading Down 2.5%

NYSEARCA IYW opened at $198.53 on Friday. iShares U.S. Technology ETF has a 12 month low of $117.55 and a 12 month high of $211.98. The stock’s fifty day moving average price is $200.21 and its 200-day moving average price is $185.97. The stock has a market cap of $21.40 billion, a P/E ratio of 34.95 and a beta of 1.23.

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).