hemming& Wealth Management Inc. Has $12.51 Million Stock Holdings in iShares U.S. Technology ETF $IYW

hemming& Wealth Management Inc. raised its stake in iShares U.S. Technology ETF (NYSEARCA:IYW) by 59.4% in the 1st quarter, HoldingsChannel.com reports. The firm owned 68,947 shares of the exchange traded fund’s stock after buying an additional 25,706 shares during the quarter. iShares U.S. Technology ETF comprises 8.7% of hemming& Wealth Management Inc.’s investment portfolio, making the stock its 6th largest position. hemming& Wealth Management Inc.’s holdings in iShares U.S. Technology ETF were worth $12,508,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. JPMorgan Chase & Co. grew its holdings in iShares U.S. Technology ETF by 34.4% during the fourth quarter. JPMorgan Chase & Co. now owns 4,033,291 shares of the exchange traded fund’s stock worth $805,368,000 after buying an additional 1,031,871 shares in the last quarter. Focus Partners Wealth raised its position in iShares U.S. Technology ETF by 450.1% in the 4th quarter. Focus Partners Wealth now owns 312,367 shares of the exchange traded fund’s stock valued at $62,373,000 after buying an additional 255,584 shares during the last quarter. Axxcess Wealth Management LLC purchased a new stake in iShares U.S. Technology ETF in the 4th quarter valued at $41,199,000. Morgan Stanley lifted its stake in iShares U.S. Technology ETF by 3.3% during the 4th quarter. Morgan Stanley now owns 5,773,004 shares of the exchange traded fund’s stock valued at $1,152,754,000 after acquiring an additional 186,297 shares in the last quarter. Finally, DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main lifted its stake in iShares U.S. Technology ETF by 14,772.9% during the 2nd quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 171,187 shares of the exchange traded fund’s stock valued at $29,662,000 after acquiring an additional 170,036 shares in the last quarter. Institutional investors own 57.65% of the company’s stock.

iShares U.S. Technology ETF Price Performance

IYW opened at $248.75 on Thursday. The company has a market capitalization of $25.05 billion, a price-to-earnings ratio of 34.95 and a beta of 1.35. The firm’s fifty day moving average price is $239.72 and its two-hundred day moving average price is $210.58. iShares U.S. Technology ETF has a 1 year low of $170.88 and a 1 year high of $261.01.

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.