Gallagher Capital Advisors LLC Has $5.70 Million Holdings in iShares U.S. Technology ETF $IYW

Gallagher Capital Advisors LLC grew its stake in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 67.3% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 27,287 shares of the exchange traded fund’s stock after buying an additional 10,978 shares during the period. iShares U.S. Technology ETF accounts for about 3.5% of Gallagher Capital Advisors LLC’s investment portfolio, making the stock its 8th largest position. Gallagher Capital Advisors LLC’s holdings in iShares U.S. Technology ETF were worth $5,699,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently bought and sold shares of the company. Bell Investment Advisors Inc bought a new stake in shares of iShares U.S. Technology ETF in the second quarter worth about $25,000. Harbor Asset Planning Inc. bought a new stake in shares of iShares U.S. Technology ETF in the 2nd quarter worth about $27,000. Bogart Wealth LLC raised its position in shares of iShares U.S. Technology ETF by 189.3% during the 2nd quarter. Bogart Wealth LLC now owns 162 shares of the exchange traded fund’s stock valued at $28,000 after buying an additional 106 shares in the last quarter. Bangor Savings Bank purchased a new position in iShares U.S. Technology ETF in the third quarter worth about $31,000. Finally, Hantz Financial Services Inc. bought a new stake in iShares U.S. Technology ETF during the third quarter worth approximately $31,000. 57.65% of the stock is currently owned by institutional investors.

iShares U.S. Technology ETF Price Performance

iShares U.S. Technology ETF stock opened at $196.32 on Tuesday. iShares U.S. Technology ETF has a 1-year low of $117.55 and a 1-year high of $211.98. The company’s 50-day moving average is $199.81 and its 200 day moving average is $194.82. The firm has a market capitalization of $20.54 billion, a P/E ratio of 34.95 and a beta of 1.23.

iShares U.S. Technology ETF Company 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.