Stock Yards Bank & Trust Co. Boosts Holdings in iShares U.S. Technology ETF $IYW

Stock Yards Bank & Trust Co. lifted its position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 23.4% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 15,080 shares of the exchange traded fund’s stock after purchasing an additional 2,864 shares during the period. Stock Yards Bank & Trust Co.’s holdings in iShares U.S. Technology ETF were worth $2,736,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in IYW. Morgan Stanley grew its holdings in iShares U.S. Technology ETF by 3.3% during the 4th quarter. Morgan Stanley now owns 5,773,004 shares of the exchange traded fund’s stock valued at $1,152,754,000 after purchasing an additional 186,297 shares in the last quarter. JPMorgan Chase & Co. grew its stake in iShares U.S. Technology ETF by 34.4% during the 4th quarter. JPMorgan Chase & Co. now owns 4,033,291 shares of the exchange traded fund’s stock valued at $805,368,000 after purchasing an additional 1,031,871 shares in the last quarter. UBS Group AG increased its holdings in iShares U.S. Technology ETF by 4.0% during the 3rd quarter. UBS Group AG now owns 1,882,618 shares of the exchange traded fund’s stock worth $368,730,000 after purchasing an additional 72,485 shares during the last quarter. Raymond James Financial Inc. raised its position in shares of iShares U.S. Technology ETF by 6.5% in the 2nd quarter. Raymond James Financial Inc. now owns 1,598,623 shares of the exchange traded fund’s stock valued at $276,993,000 after purchasing an additional 97,389 shares in the last quarter. Finally, Ameriprise Financial Inc. raised its position in shares of iShares U.S. Technology ETF by 2.4% in the 2nd quarter. Ameriprise Financial Inc. now owns 1,156,536 shares of the exchange traded fund’s stock valued at $200,481,000 after purchasing an additional 27,056 shares in the last quarter. 57.65% of the stock is currently owned by hedge funds and other institutional investors.

iShares U.S. Technology ETF Trading Down 1.4%

iShares U.S. Technology ETF stock opened at $248.75 on Thursday. The stock has a market cap of $25.05 billion, a P/E ratio of 34.95 and a beta of 1.35. The stock has a 50 day moving average of $239.72 and a 200-day moving average of $210.58. iShares U.S. Technology ETF has a 52 week low of $170.88 and a 52 week high of $261.01.

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.