Bartlett & CO. Wealth Management LLC Boosts Holdings in iShares U.S. Technology ETF (NYSEARCA:IYW)

Bartlett & CO. Wealth Management LLC increased its holdings in iShares U.S. Technology ETF (NYSEARCA:IYW) by 43.5% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 35,943 shares of the exchange traded fund’s stock after purchasing an additional 10,895 shares during the period. Bartlett & CO. Wealth Management LLC’s holdings in iShares U.S. Technology ETF were worth $5,048,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in the business. Trust Co. of Vermont purchased a new position in iShares U.S. Technology ETF in the 1st quarter worth approximately $30,000. Beacon Financial Advisory LLC raised its holdings in shares of iShares U.S. Technology ETF by 7.5% during the 1st quarter. Beacon Financial Advisory LLC now owns 5,580 shares of the exchange traded fund’s stock worth $784,000 after acquiring an additional 391 shares in the last quarter. Cottonwood Capital Advisors LLC raised its holdings in shares of iShares U.S. Technology ETF by 0.3% during the 1st quarter. Cottonwood Capital Advisors LLC now owns 45,215 shares of the exchange traded fund’s stock worth $6,350,000 after acquiring an additional 146 shares in the last quarter. KPP Advisory Services LLC raised its holdings in shares of iShares U.S. Technology ETF by 5.2% during the 1st quarter. KPP Advisory Services LLC now owns 7,250 shares of the exchange traded fund’s stock worth $1,018,000 after acquiring an additional 356 shares in the last quarter. Finally, Western Wealth Management LLC raised its holdings in shares of iShares U.S. Technology ETF by 2.4% during the 1st quarter. Western Wealth Management LLC now owns 22,558 shares of the exchange traded fund’s stock worth $3,168,000 after acquiring an additional 525 shares in the last quarter. 57.65% of the stock is owned by hedge funds and other institutional investors.

iShares U.S. Technology ETF Price Performance

Shares of IYW opened at $171.77 on Friday. The stock has a market capitalization of $21.19 billion, a price-to-earnings ratio of 34.95 and a beta of 1.15. iShares U.S. Technology ETF has a 1 year low of $117.55 and a 1 year high of $172.80. The business’s 50 day simple moving average is $156.19 and its 200-day simple moving average is $154.35.

About iShares U.S. Technology ETF

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).