Diversify Advisory Services LLC Purchases 37,470 Shares of iShares U.S. Technology ETF $IYW

Diversify Advisory Services LLC boosted its holdings in iShares U.S. Technology ETF (NYSEARCA:IYW) by 367.8% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 47,658 shares of the exchange traded fund’s stock after acquiring an additional 37,470 shares during the quarter. Diversify Advisory Services LLC’s holdings in iShares U.S. Technology ETF were worth $12,329,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in IYW. Go Invest LLC purchased a new stake in iShares U.S. Technology ETF during the 3rd quarter valued at $30,000. Citizens National Bank Trust Department bought a new stake in shares of iShares U.S. Technology ETF in the 1st quarter worth $31,000. Tompkins Financial Corp bought a new stake in shares of iShares U.S. Technology ETF in the 3rd quarter worth $40,000. Bangor Savings Bank purchased a new position in shares of iShares U.S. Technology ETF in the third quarter worth $42,000. Finally, Grove Bank & Trust purchased a new position in shares of iShares U.S. Technology ETF in the second quarter worth $55,000. 57.65% of the stock is owned by institutional investors.

iShares U.S. Technology ETF Price Performance

IYW stock opened at $253.34 on Wednesday. The stock has a market capitalization of $24.61 billion, a P/E ratio of 34.95 and a beta of 1.35. iShares U.S. Technology ETF has a 1-year low of $172.54 and a 1-year high of $274.44. The business has a fifty day moving average price of $257.01 and a 200-day moving average price of $242.73.

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.