Pettinga Financial Advisors LLC Has $11.52 Million Holdings in iShares U.S. Technology ETF (NYSEARCA:IYW)

Pettinga Financial Advisors LLC grew its stake in iShares U.S. Technology ETF (NYSEARCA:IYW) by 3.8% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 75,947 shares of the exchange traded fund’s stock after purchasing an additional 2,782 shares during the period. iShares U.S. Technology ETF comprises approximately 2.7% of Pettinga Financial Advisors LLC’s investment portfolio, making the stock its 10th largest position. Pettinga Financial Advisors LLC owned 0.06% of iShares U.S. Technology ETF worth $11,515,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the stock. BOKF NA grew its holdings in shares of iShares U.S. Technology ETF by 20.1% during the first quarter. BOKF NA now owns 903 shares of the exchange traded fund’s stock worth $122,000 after purchasing an additional 151 shares during the last quarter. Kingsview Wealth Management LLC increased its position in iShares U.S. Technology ETF by 67.4% in the 1st quarter. Kingsview Wealth Management LLC now owns 3,152 shares of the exchange traded fund’s stock valued at $426,000 after acquiring an additional 1,269 shares during the period. Ascent Group LLC increased its position in iShares U.S. Technology ETF by 22.7% in the 2nd quarter. Ascent Group LLC now owns 43,612 shares of the exchange traded fund’s stock valued at $6,564,000 after acquiring an additional 8,077 shares during the period. Bay Colony Advisory Group Inc d b a Bay Colony Advisors acquired a new position in shares of iShares U.S. Technology ETF during the second quarter worth $232,000. Finally, Cetera Investment Advisers grew its stake in shares of iShares U.S. Technology ETF by 0.9% in the second quarter. Cetera Investment Advisers now owns 750,041 shares of the exchange traded fund’s stock worth $112,881,000 after purchasing an additional 7,039 shares during the last quarter.

iShares U.S. Technology ETF Stock Down 2.5 %

NYSEARCA IYW opened at $155.52 on Monday. The company has a market capitalization of $19.11 billion, a price-to-earnings ratio of 38.84 and a beta of 1.43. iShares U.S. Technology ETF has a twelve month low of $114.84 and a twelve month high of $161.49. The stock has a fifty day simple moving average of $152.62 and a 200 day simple moving average of $147.66.

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).