Greenspring Advisors LLC Grows Stake in iShares U.S. Technology ETF $IYW

by · The Markets Daily

Greenspring Advisors LLC lifted its holdings in shares of iShares U.S. Technology ETF (NYSEARCA:IYW – Free Report) by 282.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 6,890 shares of the exchange traded fund’s stock after acquiring an additional 5,089 shares during the quarter. Greenspring Advisors LLC’s holdings in iShares U.S. Technology ETF were worth $1,376,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. UBS Group AG increased its position in shares of iShares U.S. Technology ETF by 4.0% during the third quarter. UBS Group AG now owns 1,882,618 shares of the exchange traded fund’s stock worth $368,730,000 after acquiring an additional 72,485 shares during the last quarter. Raymond James Financial Inc. increased its position in shares of iShares U.S. Technology ETF by 6.5% during the second quarter. Raymond James Financial Inc. now owns 1,598,623 shares of the exchange traded fund’s stock worth $276,993,000 after acquiring an additional 97,389 shares during the last quarter. Ameriprise Financial Inc. increased its position in shares of iShares U.S. Technology ETF by 2.4% during the second quarter. Ameriprise Financial Inc. now owns 1,156,536 shares of the exchange traded fund’s stock worth $200,481,000 after acquiring an additional 27,056 shares during the last quarter. RiverFront Investment Group LLC increased its position in shares of iShares U.S. Technology ETF by 2.3% during the fourth quarter. RiverFront Investment Group LLC now owns 918,400 shares of the exchange traded fund’s stock worth $183,386,000 after acquiring an additional 20,409 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its position in shares of iShares U.S. Technology ETF by 15.3% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 426,451 shares of the exchange traded fund’s stock worth $83,525,000 after acquiring an additional 56,708 shares during the last quarter. 57.65% of the stock is owned by hedge funds and other institutional investors.

iShares U.S. Technology ETF Stock Performance

Shares of NYSEARCA IYW opened at $257.56 on Thursday. iShares U.S. Technology ETF has a 1 year low of $161.13 and a 1 year high of $261.01. The firm has a market cap of $25.33 billion, a price-to-earnings ratio of 34.95 and a beta of 1.33. The stock’s 50-day simple moving average is $217.55 and its 200-day simple moving average is $203.79.

iShares U.S. Technology ETF Company Profile

(Free Report)

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.

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