PUREfi Wealth LLC Grows Stock Holdings in iShares U.S. Technology ETF $IYW

PUREfi Wealth LLC increased its stake in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 92.9% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 5,147 shares of the exchange traded fund’s stock after purchasing an additional 2,479 shares during the period. PUREfi Wealth LLC’s holdings in iShares U.S. Technology ETF were worth $892,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. Bank of New York Mellon Corp raised its holdings in shares of iShares U.S. Technology ETF by 9.1% during the first quarter. Bank of New York Mellon Corp now owns 376,895 shares of the exchange traded fund’s stock valued at $52,931,000 after purchasing an additional 31,300 shares during the last quarter. Picton Mahoney Asset Management raised its holdings in shares of iShares U.S. Technology ETF by 16.7% during the first quarter. Picton Mahoney Asset Management now owns 700 shares of the exchange traded fund’s stock valued at $98,000 after purchasing an additional 100 shares during the last quarter. Wealth Enhancement Advisory Services LLC raised its holdings in shares of iShares U.S. Technology ETF by 12.4% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 143,291 shares of the exchange traded fund’s stock valued at $20,124,000 after purchasing an additional 15,785 shares during the last quarter. Arkadios Wealth Advisors raised its holdings in shares of iShares U.S. Technology ETF by 66.4% during the first quarter. Arkadios Wealth Advisors now owns 21,965 shares of the exchange traded fund’s stock valued at $3,085,000 after purchasing an additional 8,764 shares during the last quarter. Finally, NorthRock Partners LLC raised its holdings in shares of iShares U.S. Technology ETF by 1.5% during the first quarter. NorthRock Partners LLC now owns 5,576 shares of the exchange traded fund’s stock valued at $783,000 after purchasing an additional 83 shares during the last quarter. 57.65% of the stock is owned by hedge funds and other institutional investors.

iShares U.S. Technology ETF Trading Down 0.5%

Shares of IYW stock opened at $197.46 on Monday. iShares U.S. Technology ETF has a 12 month low of $117.55 and a 12 month high of $199.31. The stock has a market cap of $21.27 billion, a P/E ratio of 34.95 and a beta of 1.15. The company has a 50 day simple moving average of $186.11 and a two-hundred day simple moving average of $166.34.

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).