Stonebrook Private Inc. Grows Stock Holdings in iShares U.S. Technology ETF $IYW

Stonebrook Private Inc. lifted its position in iShares U.S. Technology ETF (NYSEARCA:IYW) by 16.5% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 19,836 shares of the exchange traded fund’s stock after buying an additional 2,814 shares during the quarter. Stonebrook Private Inc.’s holdings in iShares U.S. Technology ETF were worth $3,885,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Bell Investment Advisors Inc purchased a new stake in iShares U.S. Technology ETF during the second quarter worth about $25,000. Bangor Savings Bank acquired a new position in shares of iShares U.S. Technology ETF in the third quarter valued at approximately $31,000. Hantz Financial Services Inc. acquired a new position in shares of iShares U.S. Technology ETF in the third quarter valued at approximately $31,000. Abound Wealth Management purchased a new stake in iShares U.S. Technology ETF during the 3rd quarter worth approximately $34,000. Finally, Collier Financial acquired a new stake in iShares U.S. Technology ETF during the 3rd quarter worth approximately $37,000. Institutional investors and hedge funds own 57.65% of the company’s stock.

iShares U.S. Technology ETF Stock Down 1.6%

Shares of IYW stock opened at $189.80 on Tuesday. iShares U.S. Technology ETF has a 52 week low of $117.55 and a 52 week high of $211.98. The stock has a market capitalization of $19.86 billion, a PE ratio of 34.95 and a beta of 1.23. The firm has a 50 day moving average of $197.84 and a two-hundred day moving average of $195.62.

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). 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.