SeaCrest Wealth Management LLC Increases Stock Position in iShares U.S. Technology ETF (NYSEARCA:IYW)

SeaCrest Wealth Management LLC grew its stake in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 9.7% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 6,319 shares of the exchange traded fund’s stock after buying an additional 560 shares during the period. SeaCrest Wealth Management LLC’s holdings in iShares U.S. Technology ETF were worth $853,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in the stock. Envestnet Asset Management Inc. boosted its position in iShares U.S. Technology ETF by 38.6% during the 4th quarter. Envestnet Asset Management Inc. now owns 10,523,831 shares of the exchange traded fund’s stock worth $1,291,800,000 after purchasing an additional 2,928,731 shares during the period. UBS Group AG boosted its position in iShares U.S. Technology ETF by 8.1% during the 4th quarter. UBS Group AG now owns 2,129,589 shares of the exchange traded fund’s stock worth $261,407,000 after purchasing an additional 160,092 shares during the period. FIL Ltd boosted its position in iShares U.S. Technology ETF by 33.2% during the 4th quarter. FIL Ltd now owns 1,456,287 shares of the exchange traded fund’s stock worth $178,759,000 after purchasing an additional 363,201 shares during the period. Envestnet Portfolio Solutions Inc. boosted its position in iShares U.S. Technology ETF by 45.5% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 1,257,759 shares of the exchange traded fund’s stock worth $154,390,000 after purchasing an additional 393,079 shares during the period. Finally, CWM LLC boosted its position in iShares U.S. Technology ETF by 8.8% in the 1st quarter. CWM LLC now owns 1,173,803 shares of the exchange traded fund’s stock valued at $158,534,000 after buying an additional 95,066 shares during the last quarter.

iShares U.S. Technology ETF Price Performance

NYSEARCA:IYW opened at $154.71 on Thursday. The firm has a 50-day moving average of $141.78 and a two-hundred day moving average of $133.84. The stock has a market cap of $19.01 billion, a P/E ratio of 38.84 and a beta of 1.43. iShares U.S. Technology ETF has a 1-year low of $100.84 and a 1-year high of $154.75.

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).