Carnegie Investment Counsel Has $5.02 Million Stake in iShares U.S. Technology ETF $IYW

Carnegie Investment Counsel reduced its stake in iShares U.S. Technology ETF (NYSEARCA:IYW) by 0.6% in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 28,943 shares of the exchange traded fund’s stock after selling 176 shares during the quarter. Carnegie Investment Counsel’s holdings in iShares U.S. Technology ETF were worth $5,015,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Bessemer Group Inc. boosted its stake in iShares U.S. Technology ETF by 19.8% in the 1st quarter. Bessemer Group Inc. now owns 1,199 shares of the exchange traded fund’s stock valued at $168,000 after buying an additional 198 shares in the last quarter. Beacon Financial Advisory LLC increased its holdings in shares of iShares U.S. Technology ETF by 7.5% in the first 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. Trust Co. of Vermont bought a new position in shares of iShares U.S. Technology ETF during the first quarter worth about $30,000. Bartlett & CO. Wealth Management LLC grew its holdings in shares of iShares U.S. Technology ETF by 43.5% during the first quarter. Bartlett & CO. Wealth Management LLC now owns 35,943 shares of the exchange traded fund’s stock worth $5,048,000 after buying an additional 10,895 shares in the last quarter. Finally, Jaffetilchin Investment Partners LLC lifted its stake in iShares U.S. Technology ETF by 0.8% in the first quarter. Jaffetilchin Investment Partners LLC now owns 28,937 shares of the exchange traded fund’s stock valued at $4,064,000 after acquiring an additional 234 shares during the last quarter. 57.65% of the stock is currently owned by institutional investors.

iShares U.S. Technology ETF Price Performance

IYW stock opened at $203.09 on Friday. The company has a fifty day moving average price of $190.92 and a two-hundred day moving average price of $172.09. The stock has a market cap of $21.66 billion, a price-to-earnings ratio of 34.95 and a beta of 1.15. iShares U.S. Technology ETF has a one year low of $117.55 and a one year high of $203.85.

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).