iShares U.S. Technology ETF (NYSEARCA:IYW) Shares Purchased by Envestnet Portfolio Solutions Inc.

Envestnet Portfolio Solutions Inc. raised its position in iShares U.S. Technology ETF (NYSEARCA:IYW) by 8.1% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,360,028 shares of the exchange traded fund’s stock after acquiring an additional 102,269 shares during the quarter. Envestnet Portfolio Solutions Inc. owned approximately 1.11% of iShares U.S. Technology ETF worth $183,685,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of IYW. LVW Advisors LLC increased its holdings in iShares U.S. Technology ETF by 0.6% during the 1st quarter. LVW Advisors LLC now owns 13,870 shares of the exchange traded fund’s stock worth $1,873,000 after purchasing an additional 84 shares during the period. Northwest Capital Management Inc raised its holdings in iShares U.S. Technology ETF by 2.7% in the fourth quarter. Northwest Capital Management Inc now owns 3,792 shares of the exchange traded fund’s stock valued at $465,000 after acquiring an additional 99 shares in the last quarter. TFB Advisors LLC lifted its stake in iShares U.S. Technology ETF by 4.8% in the first quarter. TFB Advisors LLC now owns 2,265 shares of the exchange traded fund’s stock worth $288,000 after acquiring an additional 103 shares during the last quarter. Financial Perspectives Inc grew its holdings in iShares U.S. Technology ETF by 0.9% during the 1st quarter. Financial Perspectives Inc now owns 11,836 shares of the exchange traded fund’s stock worth $1,599,000 after acquiring an additional 106 shares in the last quarter. Finally, Investment Advisory Group LLC increased its position in shares of iShares U.S. Technology ETF by 1.6% in the 1st quarter. Investment Advisory Group LLC now owns 7,114 shares of the exchange traded fund’s stock valued at $961,000 after purchasing an additional 115 shares during the last quarter.

iShares U.S. Technology ETF Price Performance

Shares of NYSEARCA IYW traded up $1.06 during midday trading on Friday, hitting $155.91. 527,980 shares of the company’s stock were exchanged, compared to its average volume of 876,641. The firm’s fifty day simple moving average is $145.05 and its 200-day simple moving average is $135.19. The company has a market cap of $19.15 billion, a PE ratio of 38.84 and a beta of 1.43. iShares U.S. Technology ETF has a twelve month low of $100.84 and a twelve month high of $158.97.

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).