4,119 Shares in iShares U.S. Technology ETF $IYW Purchased by Modera Wealth Management LLC

Modera Wealth Management LLC bought a new position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 4,119 shares of the exchange traded fund’s stock, valued at approximately $1,091,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Envestnet Asset Management Inc. lifted its stake in shares of iShares U.S. Technology ETF by 2.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 1,352,659 shares of the exchange traded fund’s stock valued at $341,174,000 after purchasing an additional 31,952 shares during the period. Hsbc Holdings PLC grew its stake in shares of iShares U.S. Technology ETF by 10.3% during the first quarter. Hsbc Holdings PLC now owns 977,825 shares of the exchange traded fund’s stock worth $177,397,000 after purchasing an additional 91,338 shares during the period. The Manufacturers Life Insurance Company acquired a new stake in shares of iShares U.S. Technology ETF during the second quarter worth $200,579,000. Kestra Advisory Services LLC increased its holdings in iShares U.S. Technology ETF by 11.0% in the first quarter. Kestra Advisory Services LLC now owns 495,359 shares of the exchange traded fund’s stock valued at $89,868,000 after purchasing an additional 48,940 shares during the last quarter. Finally, Sanctuary Advisors LLC increased its holdings in iShares U.S. Technology ETF by 10.6% in the first quarter. Sanctuary Advisors LLC now owns 231,479 shares of the exchange traded fund’s stock valued at $41,995,000 after purchasing an additional 22,151 shares during the last quarter. Institutional investors own 57.65% of the company’s stock.

iShares U.S. Technology ETF Stock Performance

Shares of IYW opened at $242.67 on Monday. iShares U.S. Technology ETF has a 1 year low of $172.54 and a 1 year high of $274.44. The stock has a market cap of $23.68 billion, a P/E ratio of 34.95 and a beta of 1.35. The stock’s 50-day moving average price is $257.04 and its two-hundred day moving average price is $229.36.

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.