iShares U.S. Technology ETF (NYSEARCA:IYW) Stake Boosted by Perkins Coie Trust Co

Perkins Coie Trust Co increased its position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 1.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 51,220 shares of the exchange traded fund’s stock after acquiring an additional 655 shares during the period. iShares U.S. Technology ETF comprises approximately 1.7% of Perkins Coie Trust Co’s portfolio, making the stock its 11th biggest holding. Perkins Coie Trust Co’s holdings in iShares U.S. Technology ETF were worth $7,766,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of IYW. MGO One Seven LLC raised its stake in shares of iShares U.S. Technology ETF by 7.0% during the 4th quarter. MGO One Seven LLC now owns 24,616 shares of the exchange traded fund’s stock worth $3,022,000 after purchasing an additional 1,609 shares in the last quarter. Kestra Advisory Services LLC raised its position in iShares U.S. Technology ETF by 247.2% during the fourth quarter. Kestra Advisory Services LLC now owns 274,608 shares of the exchange traded fund’s stock valued at $33,708,000 after acquiring an additional 195,522 shares in the last quarter. FIL Ltd lifted its stake in iShares U.S. Technology ETF by 33.2% in the fourth quarter. FIL Ltd now owns 1,456,287 shares of the exchange traded fund’s stock valued at $178,759,000 after acquiring an additional 363,201 shares during the last quarter. Novak & Powell Financial Services Inc. bought a new stake in iShares U.S. Technology ETF in the fourth quarter worth approximately $216,000. Finally, Raleigh Capital Management Inc. raised its holdings in shares of iShares U.S. Technology ETF by 18.6% during the 4th quarter. Raleigh Capital Management Inc. now owns 7,197 shares of the exchange traded fund’s stock valued at $883,000 after purchasing an additional 1,127 shares in the last quarter.

iShares U.S. Technology ETF Price Performance

Shares of IYW stock traded down $0.25 on Wednesday, hitting $152.90. The company’s stock had a trading volume of 22,300 shares, compared to its average volume of 879,442. The stock has a market capitalization of $18.78 billion, a price-to-earnings ratio of 38.84 and a beta of 1.43. iShares U.S. Technology ETF has a fifty-two week low of $100.84 and a fifty-two week high of $158.97. The firm’s fifty day moving average price is $145.64 and its 200-day moving average price is $142.92.

About iShares U.S. Technology ETF

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).