Greenleaf Trust Purchases 47,907 Shares of iShares U.S. Technology ETF $IYW

Greenleaf Trust grew its position in iShares U.S. Technology ETF (NYSEARCA:IYW) by 838.7% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 53,619 shares of the exchange traded fund’s stock after acquiring an additional 47,907 shares during the period. Greenleaf Trust’s holdings in iShares U.S. Technology ETF were worth $8,512,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Morgan Stanley grew its holdings in shares of 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 worth $1,152,754,000 after purchasing an additional 186,297 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in shares of iShares U.S. Technology ETF by 34.4% in the 4th quarter. JPMorgan Chase & Co. now owns 4,033,291 shares of the exchange traded fund’s stock valued at $805,368,000 after acquiring an additional 1,031,871 shares during the last quarter. UBS Group AG boosted its stake in shares of iShares U.S. Technology ETF by 4.0% during the third quarter. UBS Group AG now owns 1,882,618 shares of the exchange traded fund’s stock valued at $368,730,000 after purchasing an additional 72,485 shares in the last quarter. Raymond James Financial Inc. grew its stake in shares of iShares U.S. Technology ETF by 6.5% in the second quarter. Raymond James Financial Inc. now owns 1,598,623 shares of the exchange traded fund’s stock worth $276,993,000 after purchasing an additional 97,389 shares during the last quarter. Finally, Ameriprise Financial Inc. raised its holdings in iShares U.S. Technology ETF by 2.4% during the 2nd quarter. Ameriprise Financial Inc. now owns 1,156,536 shares of the exchange traded fund’s stock worth $200,481,000 after purchasing an additional 27,056 shares during the last quarter. 57.65% of the stock is currently owned by institutional investors and hedge funds.

iShares U.S. Technology ETF Price Performance

IYW stock opened at $251.20 on Friday. iShares U.S. Technology ETF has a 1 year low of $172.54 and a 1 year high of $261.01. The company’s 50-day moving average is $245.94 and its 200-day moving average is $224.18. The stock has a market capitalization of $24.88 billion, a PE ratio of 34.95 and a beta of 1.36.

iShares U.S. Technology ETF 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.