iShares U.S. Technology ETF (NYSEARCA:IYW) Shares Purchased by Magnus Financial Group LLC

Magnus Financial Group LLC grew its position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 0.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 11,845 shares of the exchange traded fund’s stock after acquiring an additional 67 shares during the quarter. Magnus Financial Group LLC’s holdings in iShares U.S. Technology ETF were worth $1,796,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently modified their holdings of the company. Envestnet Asset Management Inc. boosted its stake in iShares U.S. Technology ETF by 3.2% during the 2nd quarter. Envestnet Asset Management Inc. now owns 11,813,520 shares of the exchange traded fund’s stock valued at $1,777,935,000 after purchasing an additional 371,517 shares during the period. Envestnet Portfolio Solutions Inc. increased its position in iShares U.S. Technology ETF by 2.2% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 1,390,175 shares of the exchange traded fund’s stock valued at $209,221,000 after acquiring an additional 30,147 shares during the period. CWM LLC boosted its position in iShares U.S. Technology ETF by 8.8% during the 1st quarter. CWM LLC now owns 1,173,803 shares of the exchange traded fund’s stock worth $158,534,000 after acquiring an additional 95,066 shares during the period. Park Avenue Securities LLC boosted its position in iShares U.S. Technology ETF by 1.3% during the 2nd quarter. Park Avenue Securities LLC now owns 1,068,282 shares of the exchange traded fund’s stock worth $160,776,000 after acquiring an additional 13,629 shares during the period. Finally, Parker Investment Management LLC grew its stake in shares of iShares U.S. Technology ETF by 44.6% in the second quarter. Parker Investment Management LLC now owns 1,067,765 shares of the exchange traded fund’s stock worth $160,699,000 after purchasing an additional 329,161 shares in the last quarter.

iShares U.S. Technology ETF Price Performance

Shares of NYSEARCA IYW traded down $2.85 during midday trading on Tuesday, reaching $154.16. 519,489 shares of the company traded hands, compared to its average volume of 871,835. The company has a market cap of $18.94 billion, a price-to-earnings ratio of 38.84 and a beta of 1.43. The stock has a 50-day moving average price of $147.27 and a 200 day moving average price of $143.61. iShares U.S. Technology ETF has a 52 week low of $100.84 and a 52 week high of $158.97.

iShares U.S. 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).