Schuylkill Financial LLC Purchases Shares of 3,921 iShares U.S. Technology ETF $IYW

Schuylkill Financial LLC acquired a new stake in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) in the second quarter, HoldingsChannel.com reports. The institutional investor acquired 3,921 shares of the exchange traded fund’s stock, valued at approximately $989,000.

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

iShares U.S. Technology ETF Stock Up 0.3%

IYW stock opened at $253.31 on Friday. The company has a market cap of $25.09 billion, a price-to-earnings ratio of 34.95 and a beta of 1.36. The business has a fifty day simple moving average of $246.56 and a 200-day simple moving average of $226.17. iShares U.S. Technology ETF has a 52 week low of $172.54 and a 52 week high of $261.01.

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). 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.