iShares U.S. Technology ETF $IYW Shares Bought by First Command Advisory Services Inc.

First Command Advisory Services Inc. lifted its holdings in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 1,393.1% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,225 shares of the exchange traded fund’s stock after purchasing an additional 3,009 shares during the quarter. First Command Advisory Services Inc.’s holdings in iShares U.S. Technology ETF were worth $854,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the stock. Envestnet Asset Management Inc. increased its holdings in shares of iShares U.S. Technology ETF by 2.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 1,352,659 shares of the exchange traded fund’s stock worth $341,174,000 after buying an additional 31,952 shares during the last quarter. Hsbc Holdings PLC increased its stake in iShares U.S. Technology ETF by 10.3% in the first quarter. Hsbc Holdings PLC now owns 977,825 shares of the exchange traded fund’s stock valued at $177,397,000 after acquiring an additional 91,338 shares during the last quarter. The Manufacturers Life Insurance Company bought a new position in iShares U.S. Technology ETF in the second quarter valued at $200,579,000. Commonwealth Equity Services LLC bought a new position in iShares U.S. Technology ETF in the third quarter valued at $150,156,000. Finally, Kestra Advisory Services LLC raised its position in iShares U.S. Technology ETF by 1.2% during the third quarter. Kestra Advisory Services LLC now owns 483,241 shares of the exchange traded fund’s stock valued at $128,011,000 after purchasing an additional 5,513 shares in the last quarter. 57.65% of the stock is currently owned by institutional investors.

iShares U.S. Technology ETF Stock Up 2.6%

NYSEARCA IYW opened at $236.70 on Thursday. The stock’s 50-day simple moving average is $254.66 and its two-hundred day simple moving average is $230.75. iShares U.S. Technology ETF has a twelve month low of $172.54 and a twelve month high of $274.44. The company has a market capitalization of $23.58 billion, a price-to-earnings ratio of 26.89 and a beta of 1.37.

About iShares U.S. Technology ETF

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.