Park Avenue Securities LLC Acquires New Stake in iShares U.S. Technology ETF $IYW

Park Avenue Securities LLC purchased a new position in iShares U.S. Technology ETF (NYSEARCA:IYW) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 96,381 shares of the exchange traded fund’s stock, valued at approximately $25,531,000. Park Avenue Securities LLC owned 0.10% of iShares U.S. Technology ETF as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in IYW. The Manufacturers Life Insurance Company bought a new stake in shares of iShares U.S. Technology ETF during the second quarter valued at approximately $200,579,000. First Heartland Consultants Inc. bought a new position in iShares U.S. Technology ETF in the 3rd quarter valued at approximately $7,194,000. True North Advisors LLC purchased a new stake in iShares U.S. Technology ETF during the 1st quarter valued at $439,000. Three Seasons Wealth LLC boosted its stake in iShares U.S. Technology ETF by 2,412.9% during the 2nd quarter. Three Seasons Wealth LLC now owns 42,945 shares of the exchange traded fund’s stock valued at $10,832,000 after purchasing an additional 41,236 shares during the last quarter. Finally, RVW Wealth LLC boosted its stake in iShares U.S. Technology ETF by 16.8% during the 3rd quarter. RVW Wealth LLC now owns 104,891 shares of the exchange traded fund’s stock valued at $27,786,000 after purchasing an additional 15,114 shares during the last quarter. Institutional investors own 57.65% of the company’s stock.

iShares U.S. Technology ETF Trading Up 1.2%

iShares U.S. Technology ETF stock opened at $252.88 on Tuesday. iShares U.S. Technology ETF has a 12 month low of $172.54 and a 12 month high of $274.44. The stock has a fifty day simple moving average of $256.81 and a two-hundred day simple moving average of $228.35. The firm has a market cap of $24.57 billion, a price-to-earnings ratio of 34.95 and a beta of 1.35.

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). 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.