Cornerstone Wealth Management LLC Purchases 143 Shares of iShares U.S. Technology ETF (NYSEARCA:IYW)

Cornerstone Wealth Management LLC lifted its position in iShares U.S. Technology ETF (NYSEARCA:IYW) by 2.9% during the 3rd quarter, Holdings Channel reports. The firm owned 5,142 shares of the exchange traded fund’s stock after acquiring an additional 143 shares during the period. Cornerstone Wealth Management LLC’s holdings in iShares U.S. Technology ETF were worth $780,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Envestnet Asset Management Inc. grew its holdings in shares of iShares U.S. Technology ETF by 3.2% in the second quarter. Envestnet Asset Management Inc. now owns 11,813,520 shares of the exchange traded fund’s stock worth $1,777,935,000 after purchasing an additional 371,517 shares during the last quarter. Envestnet Portfolio Solutions Inc. grew its holdings in shares of iShares U.S. Technology ETF by 2.2% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 1,390,175 shares of the exchange traded fund’s stock worth $209,221,000 after purchasing an additional 30,147 shares during the last quarter. Park Avenue Securities LLC grew its holdings in shares of iShares U.S. Technology ETF by 1.3% in the second quarter. Park Avenue Securities LLC now owns 1,068,282 shares of the exchange traded fund’s stock worth $160,776,000 after purchasing an additional 13,629 shares during the last quarter. Parker Investment Management LLC boosted its holdings in 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 valued at $160,699,000 after acquiring an additional 329,161 shares in the last quarter. Finally, 1832 Asset Management L.P. boosted its holdings in 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 in the last quarter.

iShares U.S. Technology ETF Stock Up 0.3 %

NYSEARCA:IYW opened at $154.63 on Friday. The stock has a market cap of $19.00 billion, a P/E ratio of 38.84 and a beta of 1.43. The firm’s fifty day simple moving average is $148.02 and its 200 day simple moving average is $143.76. iShares U.S. Technology ETF has a twelve month low of $100.84 and a twelve month 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).