iShares U.S. Technology ETF $IYW Shares Newly Acquired by GRIMES & Co WEALTH MANAGEMENT LLC

GRIMES & Co WEALTH MANAGEMENT LLC purchased a new position in iShares U.S. Technology ETF (NYSEARCA:IYW) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 3,259 shares of the exchange traded fund’s stock, valued at approximately $863,000.

Other large investors also recently added to or reduced their stakes in the company. GKV Capital Management Co. Inc. lifted its stake in shares of iShares U.S. Technology ETF by 3.2% in the 1st quarter. GKV Capital Management Co. Inc. now owns 1,462 shares of the exchange traded fund’s stock valued at $265,000 after purchasing an additional 46 shares during the last quarter. Quantum Financial Partners LLC boosted its holdings in shares of iShares U.S. Technology ETF by 5.9% in the 3rd quarter. Quantum Financial Partners LLC now owns 1,027 shares of the exchange traded fund’s stock worth $272,000 after purchasing an additional 57 shares during the period. Tactive Advisors LLC boosted its holdings in shares of iShares U.S. Technology ETF by 1.2% in the 2nd quarter. Tactive Advisors LLC now owns 5,133 shares of the exchange traded fund’s stock worth $1,295,000 after purchasing an additional 60 shares during the period. Jackson Square Capital LLC increased its position in shares of iShares U.S. Technology ETF by 5.8% during the 3rd quarter. Jackson Square Capital LLC now owns 1,119 shares of the exchange traded fund’s stock valued at $296,000 after purchasing an additional 61 shares during the last quarter. Finally, Cyndeo Wealth Partners LLC increased its position in shares of iShares U.S. Technology ETF by 1.0% during the 3rd quarter. Cyndeo Wealth Partners LLC now owns 6,628 shares of the exchange traded fund’s stock valued at $1,756,000 after purchasing an additional 63 shares during the last quarter. 57.65% of the stock is owned by institutional investors.

iShares U.S. Technology ETF Stock Performance

NYSEARCA:IYW opened at $240.81 on Thursday. The stock’s fifty day moving average is $256.62 and its 200 day moving average is $229.94. iShares U.S. Technology ETF has a fifty-two week low of $172.54 and a fifty-two week high of $274.44. The firm has a market capitalization of $23.60 billion, a PE ratio of 34.95 and a beta of 1.37.

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.