Rathbones Group PLC Boosts Stake in iShares U.S. Technology ETF (NYSEARCA:IYW)

Rathbones Group PLC lifted its position in iShares U.S. Technology ETF (NYSEARCA:IYW) by 10.9% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 27,575 shares of the exchange traded fund’s stock after purchasing an additional 2,702 shares during the quarter. Rathbones Group PLC’s holdings in iShares U.S. Technology ETF were worth $4,150,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Aveo Capital Partners LLC increased its stake in iShares U.S. Technology ETF by 7.2% in the fourth quarter. Aveo Capital Partners LLC now owns 2,124 shares of the exchange traded fund’s stock valued at $261,000 after purchasing an additional 142 shares during the period. 9258 Wealth Management LLC acquired a new position in shares of iShares U.S. Technology ETF in the fourth quarter valued at approximately $202,000. Rollins Financial raised its stake in shares of iShares U.S. Technology ETF by 20.1% during the fourth quarter. Rollins Financial now owns 84,759 shares of the exchange traded fund’s stock worth $10,404,000 after purchasing an additional 14,205 shares during the last quarter. UBS Group AG lifted its holdings in shares of iShares U.S. Technology ETF by 8.1% during the fourth quarter. UBS Group AG now owns 2,129,589 shares of the exchange traded fund’s stock worth $261,407,000 after purchasing an additional 160,092 shares during the period. Finally, Gladstone Institutional Advisory LLC grew its position in iShares U.S. Technology ETF by 38.6% in the 4th quarter. Gladstone Institutional Advisory LLC now owns 6,807 shares of the exchange traded fund’s stock valued at $836,000 after buying an additional 1,894 shares during the last quarter.

iShares U.S. Technology ETF Stock Performance

Shares of IYW opened at $146.94 on Monday. iShares U.S. Technology ETF has a 1 year low of $100.84 and a 1 year high of $158.97. The stock has a market capitalization of $18.05 billion, a P/E ratio of 38.84 and a beta of 1.43. The company’s fifty day moving average is $146.03 and its two-hundred day moving average is $141.08.

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).