Citizens Financial Group Inc. RI Takes Position in iShares U.S. Technology ETF (NYSEARCA:IYW)

Citizens Financial Group Inc. RI purchased a new position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 15,491 shares of the exchange traded fund’s stock, valued at approximately $2,331,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Aveo Capital Partners LLC increased its position in shares of iShares U.S. Technology ETF by 7.2% during the fourth quarter. Aveo Capital Partners LLC now owns 2,124 shares of the exchange traded fund’s stock worth $261,000 after purchasing an additional 142 shares in the last quarter. 9258 Wealth Management LLC acquired a new position in iShares U.S. Technology ETF during the fourth quarter worth approximately $202,000. Rollins Financial increased its position in 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 buying an additional 14,205 shares during the period. UBS Group AG lifted its stake in iShares U.S. Technology ETF by 8.1% in the fourth quarter. UBS Group AG now owns 2,129,589 shares of the exchange traded fund’s stock valued at $261,407,000 after buying an additional 160,092 shares during the last quarter. Finally, Gladstone Institutional Advisory LLC boosted its holdings in shares of iShares U.S. Technology ETF by 38.6% in the fourth quarter. Gladstone Institutional Advisory LLC now owns 6,807 shares of the exchange traded fund’s stock valued at $836,000 after acquiring an additional 1,894 shares during the period.

iShares U.S. Technology ETF Trading Down 0.6 %

Shares of IYW opened at $146.04 on Tuesday. The company’s 50 day simple moving average is $146.03 and its 200-day simple moving average is $141.08. The firm has a market cap of $17.94 billion, a PE ratio of 38.84 and a beta of 1.43. iShares U.S. Technology ETF has a 12-month low of $100.84 and a 12-month high of $158.97.

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).