iShares U.S. Technology ETF $IYW is Buttonwood Financial Group LLC’s 5th Largest Position

Buttonwood Financial Group LLC grew its holdings in iShares U.S. Technology ETF (NYSEARCA:IYW) by 31.3% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 96,799 shares of the exchange traded fund’s stock after buying an additional 23,090 shares during the quarter. iShares U.S. Technology ETF accounts for 8.6% of Buttonwood Financial Group LLC’s investment portfolio, making the stock its 5th largest position. Buttonwood Financial Group LLC owned about 0.08% of iShares U.S. Technology ETF worth $16,865,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Hoey Investments Inc. purchased a new stake in shares of iShares U.S. Technology ETF in the first quarter valued at approximately $27,000. Trust Co. of Vermont purchased a new stake in shares of iShares U.S. Technology ETF in the first quarter valued at approximately $30,000. Park Square Financial Group LLC increased its position in shares of iShares U.S. Technology ETF by 588.2% in the first quarter. Park Square Financial Group LLC now owns 234 shares of the exchange traded fund’s stock valued at $33,000 after buying an additional 200 shares in the last quarter. Accredited Wealth Management LLC acquired a new stake in shares of iShares U.S. Technology ETF in the first quarter worth approximately $33,000. Finally, Tidemark LLC boosted its stake in shares of iShares U.S. Technology ETF by 56.0% in the first quarter. Tidemark LLC now owns 301 shares of the exchange traded fund’s stock worth $42,000 after acquiring an additional 108 shares during the last quarter. 57.65% of the stock is currently owned by hedge funds and other institutional investors.

iShares U.S. Technology ETF Price Performance

Shares of NYSEARCA:IYW opened at $197.01 on Tuesday. The business’s 50 day moving average price is $183.03 and its 200-day moving average price is $163.12. The firm has a market capitalization of $24.64 billion, a PE 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 $197.11.

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).