iShares U.S. Technology ETF $IYW Shares Acquired by Quantinno Capital Management LP

Quantinno Capital Management LP lifted its stake in iShares U.S. Technology ETF (NYSEARCA:IYW) by 91.2% during the first quarter, HoldingsChannel reports. The institutional investor owned 52,482 shares of the exchange traded fund’s stock after acquiring an additional 25,033 shares during the period. Quantinno Capital Management LP’s holdings in iShares U.S. Technology ETF were worth $9,521,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. AQR Capital Management LLC lifted its position in iShares U.S. Technology ETF by 58.1% in the first quarter. AQR Capital Management LLC now owns 10,066 shares of the exchange traded fund’s stock valued at $1,414,000 after acquiring an additional 3,699 shares during the last quarter. Russell Investments Group Ltd. grew its holdings in shares of iShares U.S. Technology ETF by 9.8% during the second quarter. Russell Investments Group Ltd. now owns 1,094 shares of the exchange traded fund’s stock worth $190,000 after purchasing an additional 98 shares during the last quarter. First Trust Advisors LP purchased a new position in shares of iShares U.S. Technology ETF during the second quarter worth about $222,000. Main Street Financial Solutions LLC increased its position in shares of iShares U.S. Technology ETF by 95.7% during the second quarter. Main Street Financial Solutions LLC now owns 2,851 shares of the exchange traded fund’s stock worth $494,000 after purchasing an additional 1,394 shares in the last quarter. Finally, Ieq Capital LLC increased its position in shares of iShares U.S. Technology ETF by 0.8% during the second quarter. Ieq Capital LLC now owns 20,844 shares of the exchange traded fund’s stock worth $3,612,000 after purchasing an additional 166 shares in the last quarter. 57.65% of the stock is currently owned by institutional investors and hedge funds.

iShares U.S. Technology ETF Stock Performance

iShares U.S. Technology ETF stock opened at $253.55 on Wednesday. iShares U.S. Technology ETF has a fifty-two week low of $172.54 and a fifty-two week high of $261.01. The company has a market capitalization of $25.11 billion, a P/E ratio of 34.95 and a beta of 1.36. The stock has a 50-day simple moving average of $245.43 and a 200-day simple moving average of $217.68.

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). The Index measures the performance of the technology sector of the United States equity market, and includes companies in the industry groups, such as software and computer services and technology hardware and equipment.