Perkins Coie Trust Co Has $13.29 Million Position in iShares U.S. Technology ETF $IYW

Perkins Coie Trust Co decreased its stake in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 4.9% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 52,686 shares of the exchange traded fund’s stock after selling 2,733 shares during the period. iShares U.S. Technology ETF accounts for about 2.2% of Perkins Coie Trust Co’s portfolio, making the stock its 12th largest holding. Perkins Coie Trust Co owned 0.05% of iShares U.S. Technology ETF worth $13,289,000 as of its most recent filing with the SEC.

Several other institutional investors have also added to or reduced their stakes in IYW. Monetary Solutions Ltd bought a new stake in shares of iShares U.S. Technology ETF in the fourth quarter valued at about $26,000. Sankala Group LLC bought a new position in iShares U.S. Technology ETF during the fourth quarter worth about $26,000. Triumph Capital Management bought a new position in iShares U.S. Technology ETF during the third quarter worth about $28,000. Miller Capital Partners Inc. bought a new position in iShares U.S. Technology ETF during the fourth quarter worth about $28,000. Finally, Citizens National Bank Trust Department acquired a new stake in iShares U.S. Technology ETF in the 1st quarter worth about $31,000. 57.65% of the stock is currently owned by institutional investors.

iShares U.S. Technology ETF Stock Down 0.7%

Shares of iShares U.S. Technology ETF stock opened at $252.38 on Tuesday. The stock has a market capitalization of $25.00 billion, a price-to-earnings ratio of 34.95 and a beta of 1.36. iShares U.S. Technology ETF has a twelve month low of $172.54 and a twelve month high of $261.01. The company has a 50-day simple moving average of $245.46 and a two-hundred day simple moving average of $219.19.

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.