QRG Capital Management Inc. Buys 4,201 Shares of iShares U.S. Technology ETF $IYW

QRG Capital Management Inc. lifted its stake in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 111.0% in the 3rd quarter, Holdings Channel reports. The fund owned 7,986 shares of the exchange traded fund’s stock after acquiring an additional 4,201 shares during the quarter. QRG Capital Management Inc.’s holdings in iShares U.S. Technology ETF were worth $1,564,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the stock. Bell Investment Advisors Inc bought a new position in iShares U.S. Technology ETF during the 2nd quarter worth about $25,000. Harbor Asset Planning Inc. bought a new position in shares of iShares U.S. Technology ETF during the second quarter worth about $27,000. Bogart Wealth LLC grew its holdings in shares of iShares U.S. Technology ETF by 189.3% during the second quarter. Bogart Wealth LLC now owns 162 shares of the exchange traded fund’s stock worth $28,000 after buying an additional 106 shares in the last quarter. Bangor Savings Bank acquired a new stake in iShares U.S. Technology ETF in the 3rd quarter valued at approximately $31,000. Finally, Abound Wealth Management bought a new stake in iShares U.S. Technology ETF in the 3rd quarter valued at approximately $34,000. 57.65% of the stock is owned by institutional investors.

iShares U.S. Technology ETF Stock Down 2.6%

NYSEARCA:IYW opened at $194.71 on Wednesday. The company has a market cap of $20.37 billion, a P/E ratio of 34.95 and a beta of 1.23. iShares U.S. Technology ETF has a twelve month low of $117.55 and a twelve month high of $211.98. The business has a 50 day moving average price of $199.40 and a two-hundred day moving average price of $192.78.

iShares U.S. Technology ETF Company 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). The Index measures the performance of the technology sector of the United States equity market, and includes companies in the industry groups, such as software and computer services and technology hardware and equipment.