Mercer Global Advisors Inc. ADV Has $11.28 Million Holdings in iShares U.S. Technology ETF (NYSEARCA:IYW)

Mercer Global Advisors Inc. ADV trimmed its position in iShares U.S. Technology ETF (NYSEARCA:IYW) by 10.7% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 74,923 shares of the exchange traded fund’s stock after selling 8,991 shares during the quarter. Mercer Global Advisors Inc. ADV owned approximately 0.06% of iShares U.S. Technology ETF worth $11,276,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Envestnet Asset Management Inc. lifted its stake in iShares U.S. Technology ETF by 38.6% in 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 acquiring an additional 2,928,731 shares in the last quarter. Dynasty Wealth Management LLC acquired a new position in shares of iShares U.S. Technology ETF in the 1st quarter valued at about $119,223,000. Cetera Investment Advisers lifted its position in shares of iShares U.S. Technology ETF by 131.6% in the first quarter. Cetera Investment Advisers now owns 743,002 shares of the exchange traded fund’s stock worth $100,350,000 after purchasing an additional 422,212 shares in the last quarter. 1832 Asset Management L.P. boosted its holdings in shares of iShares U.S. Technology ETF by 6,689.2% during the first quarter. 1832 Asset Management L.P. now owns 373,406 shares of the exchange traded fund’s stock worth $50,432,000 after purchasing an additional 367,906 shares during the period. Finally, FIL Ltd grew its position in iShares U.S. Technology ETF by 33.2% during the fourth quarter. FIL Ltd now owns 1,456,287 shares of the exchange traded fund’s stock valued at $178,759,000 after purchasing an additional 363,201 shares in the last quarter.

iShares U.S. Technology ETF Stock Up 3.1 %

IYW stock opened at $149.89 on Friday. The company has a 50 day moving average of $145.33 and a two-hundred day moving average of $141.28. The company has a market cap of $18.41 billion, a price-to-earnings ratio of 38.84 and a beta of 1.43. iShares U.S. Technology ETF has a 12-month low of $100.84 and a 12-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).