Ibex Wealth Advisors Has $2.28 Million Stock Holdings in iShares U.S. Technology ETF $IYW

Ibex Wealth Advisors raised its stake in iShares U.S. Technology ETF (NYSEARCA:IYW) by 57.8% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,410 shares of the exchange traded fund’s stock after acquiring an additional 4,178 shares during the period. Ibex Wealth Advisors’ holdings in iShares U.S. Technology ETF were worth $2,278,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in IYW. AQR Capital Management LLC raised its holdings in iShares U.S. Technology ETF by 58.1% in the 1st 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 in the last quarter. Russell Investments Group Ltd. raised its holdings in shares of iShares U.S. Technology ETF by 9.8% during the 2nd quarter. Russell Investments Group Ltd. now owns 1,094 shares of the exchange traded fund’s stock worth $190,000 after buying an additional 98 shares in the last quarter. First Trust Advisors LP acquired a new position in shares of iShares U.S. Technology ETF during the 2nd quarter worth $222,000. Main Street Financial Solutions LLC raised its holdings 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 worth $494,000 after buying an additional 1,394 shares in the last quarter. Finally, Ieq Capital LLC raised 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 in the last quarter. 57.65% of the stock is owned by institutional investors and hedge funds.

iShares U.S. Technology ETF Stock Performance

iShares U.S. Technology ETF stock opened at $248.07 on Wednesday. iShares U.S. Technology ETF has a 52 week low of $162.98 and a 52 week high of $261.01. The stock has a market capitalization of $24.40 billion, a P/E ratio of 34.95 and a beta of 1.36. The stock has a fifty day moving average of $229.00 and a 200-day moving average of $207.02.

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.