iShares U.S. Technology ETF $IYW Shares Bought by Compound Planning Inc.

Compound Planning Inc. increased its stake in iShares U.S. Technology ETF (NYSEARCA:IYW) by 3.9% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 138,883 shares of the exchange traded fund’s stock after acquiring an additional 5,237 shares during the period. iShares U.S. Technology ETF makes up approximately 0.8% of Compound Planning Inc.’s investment portfolio, making the stock its 27th biggest position. Compound Planning Inc. owned approximately 0.14% of iShares U.S. Technology ETF worth $25,196,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the stock. Monetary Solutions Ltd bought a new position in iShares U.S. Technology ETF during the 4th quarter valued at $26,000. Sankala Group LLC acquired a new stake in shares of iShares U.S. Technology ETF in the fourth quarter valued at $26,000. Miller Capital Partners Inc. bought a new position in iShares U.S. Technology ETF during the fourth quarter valued at about $28,000. Triumph Capital Management bought a new position in iShares U.S. Technology ETF during the third quarter valued at about $28,000. Finally, Citizens National Bank Trust Department acquired a new position in iShares U.S. Technology ETF during the first quarter worth about $31,000. Institutional investors and hedge funds own 57.65% of the company’s stock.

iShares U.S. Technology ETF Trading Down 1.9%

Shares of NYSEARCA IYW opened at $238.54 on Friday. iShares U.S. Technology ETF has a twelve month low of $172.54 and a twelve month high of $261.01. The company has a market capitalization of $23.70 billion, a price-to-earnings ratio of 34.95 and a beta of 1.35. The firm has a 50-day moving average of $245.78 and a two-hundred day moving average of $215.62.

About iShares U.S. Technology ETF

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.