Apollon Wealth Management LLC Raises Position in iShares U.S. Technology ETF (NYSEARCA:IYW)

Apollon Wealth Management LLC increased its holdings in iShares U.S. Technology ETF (NYSEARCA:IYW) by 179.1% during the third quarter, Holdings Channel.com reports. The firm owned 127,307 shares of the exchange traded fund’s stock after acquiring an additional 81,690 shares during the quarter. Apollon Wealth Management LLC’s holdings in iShares U.S. Technology ETF were worth $19,302,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of IYW. International Assets Investment Management LLC increased its position in shares of iShares U.S. Technology ETF by 29,435.7% in the third quarter. International Assets Investment Management LLC now owns 3,190,156 shares of the exchange traded fund’s stock valued at $483,691,000 after acquiring an additional 3,179,355 shares during the period. Dynasty Wealth Management LLC purchased a new position in shares of iShares U.S. Technology ETF in the first quarter valued at about $119,223,000. 1832 Asset Management L.P. increased its position in shares of iShares U.S. Technology ETF by 173.9% in the second quarter. 1832 Asset Management L.P. now owns 1,022,598 shares of the exchange traded fund’s stock valued at $153,901,000 after acquiring an additional 649,192 shares during the period. Hsbc Holdings PLC boosted its stake in shares of iShares U.S. Technology ETF by 1,170.2% during the 2nd quarter. Hsbc Holdings PLC now owns 572,587 shares of the exchange traded fund’s stock valued at $86,174,000 after purchasing an additional 527,510 shares in the last quarter. Finally, Cetera Investment Advisers boosted its stake in shares of iShares U.S. Technology ETF by 131.6% during the 1st quarter. Cetera Investment Advisers now owns 743,002 shares of the exchange traded fund’s stock valued at $100,350,000 after purchasing an additional 422,212 shares in the last quarter.

iShares U.S. Technology ETF Trading Down 0.5 %

Shares of IYW opened at $160.27 on Tuesday. The firm’s 50-day moving average price is $151.12 and its 200-day moving average price is $146.83. The firm has a market capitalization of $19.69 billion, a price-to-earnings ratio of 38.84 and a beta of 1.43. iShares U.S. Technology ETF has a 1-year low of $112.37 and a 1-year high of $161.49.

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).