Nwam LLC Takes Position in iShares U.S. Technology ETF (NYSEARCA:IYW)

Nwam LLC purchased a new stake in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) in the third quarter, according to its most recent filing with the SEC. The firm purchased 19,720 shares of the exchange traded fund’s stock, valued at approximately $2,990,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Envestnet Asset Management Inc. raised its position in shares of 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 worth $1,777,935,000 after purchasing an additional 371,517 shares during the last quarter. LPL Financial LLC raised its position in shares of iShares U.S. Technology ETF by 3.0% during the 3rd quarter. LPL Financial LLC now owns 4,133,439 shares of the exchange traded fund’s stock worth $626,712,000 after purchasing an additional 120,614 shares during the last quarter. International Assets Investment Management LLC raised its position in shares of iShares U.S. Technology ETF by 29,435.7% during the 3rd quarter. International Assets Investment Management LLC now owns 3,190,156 shares of the exchange traded fund’s stock worth $483,691,000 after purchasing an additional 3,179,355 shares during the last quarter. Envestnet Portfolio Solutions Inc. raised its position in shares of iShares U.S. Technology ETF by 2.2% during the 2nd 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. Finally, Park Avenue Securities LLC raised its position in shares of 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 purchasing an additional 13,629 shares during the last quarter.

iShares U.S. Technology ETF Price Performance

Shares of iShares U.S. Technology ETF stock opened at $159.02 on Friday. iShares U.S. Technology ETF has a 1 year low of $114.84 and a 1 year high of $161.49. The company has a market capitalization of $19.54 billion, a P/E ratio of 38.84 and a beta of 1.43. The business has a 50 day moving average price of $153.81 and a 200 day moving average price of $148.18.

iShares U.S. Technology ETF Company 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).