Fortitude Family Office LLC Acquires 34,921 Shares of iShares U.S. Technology ETF $IYW

Fortitude Family Office LLC grew its holdings in iShares U.S. Technology ETF (NYSEARCA:IYW) by 8,083.6% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 35,353 shares of the exchange traded fund’s stock after acquiring an additional 34,921 shares during the quarter. iShares U.S. Technology ETF accounts for 1.9% of Fortitude Family Office LLC’s portfolio, making the stock its 14th largest holding. Fortitude Family Office LLC’s holdings in iShares U.S. Technology ETF were worth $6,924,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Russell Investments Group Ltd. raised its holdings in iShares U.S. Technology ETF by 28.5% in the 1st quarter. Russell Investments Group Ltd. now owns 996 shares of the exchange traded fund’s stock valued at $140,000 after acquiring an additional 221 shares in the last quarter. Baird Financial Group Inc. raised its stake in shares of iShares U.S. Technology ETF by 6.4% in the first quarter. Baird Financial Group Inc. now owns 44,557 shares of the exchange traded fund’s stock valued at $6,258,000 after purchasing an additional 2,689 shares in the last quarter. Flputnam Investment Management Co. lifted its position in iShares U.S. Technology ETF by 7.8% in the first quarter. Flputnam Investment Management Co. now owns 3,313 shares of the exchange traded fund’s stock worth $465,000 after purchasing an additional 239 shares during the period. Ameriflex Group Inc. boosted its stake in iShares U.S. Technology ETF by 66.4% during the first quarter. Ameriflex Group Inc. now owns 6,669 shares of the exchange traded fund’s stock worth $937,000 after buying an additional 2,662 shares in the last quarter. Finally, Focus Partners Advisor Solutions LLC increased its holdings in iShares U.S. Technology ETF by 54.2% in the 1st quarter. Focus Partners Advisor Solutions LLC now owns 3,546 shares of the exchange traded fund’s stock valued at $498,000 after buying an additional 1,246 shares during the period. Institutional investors own 57.65% of the company’s stock.

iShares U.S. Technology ETF Stock Down 0.5%

Shares of IYW opened at $201.95 on Tuesday. The company has a 50-day moving average price of $200.66 and a two-hundred day moving average price of $189.26. The stock has a market cap of $21.77 billion, a price-to-earnings ratio of 34.95 and a beta of 1.23. iShares U.S. Technology ETF has a 12 month low of $117.55 and a 12 month high of $211.98.

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.