iShares US Technology ETF (NYSEARCA:IYW) Shares Acquired by Allianz Asset Management GmbH

Allianz Asset Management GmbH increased its stake in iShares US Technology ETF (NYSEARCA:IYW) by 22.2% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 2,200 shares of the exchange traded fund’s stock after acquiring an additional 400 shares during the period. Allianz Asset Management GmbH’s holdings in iShares US Technology ETF were worth $435,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Deutsche Bank AG purchased a new position in iShares US Technology ETF in the fourth quarter valued at approximately $97,000. SG Americas Securities LLC purchased a new position in iShares US Technology ETF in the first quarter valued at approximately $117,000. CIBC Asset Management Inc purchased a new position in iShares US Technology ETF in the first quarter valued at approximately $249,000. Moors & Cabot Inc. purchased a new position in iShares US Technology ETF in the first quarter valued at approximately $308,000. Finally, Stratos Wealth Partners LTD. raised its holdings in iShares US Technology ETF by 3.4% in the first quarter. Stratos Wealth Partners LTD. now owns 12,540 shares of the exchange traded fund’s stock valued at $2,390,000 after buying an additional 412 shares during the period.

NYSEARCA IYW opened at $207.54 on Friday. iShares US Technology ETF has a one year low of $148.42 and a one year high of $212.07. The company’s 50 day moving average price is $201.87 and its 200 day moving average price is $196.59.

iShares US 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).

See Also: Limitations of the P/E Growth ratio

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Institutional Ownership by Quarter for iShares US Technology ETF (NYSEARCA:IYW)

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