Ashurst Perkins Coie Trust Co Buys New Stake in iShares U.S. Technology ETF $IYW

Ashurst Perkins Coie Trust Co bought a new stake in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund bought 56,023 shares of the exchange traded fund’s stock, valued at approximately $14,840,000. iShares U.S. Technology ETF makes up 2.4% of Ashurst Perkins Coie Trust Co’s portfolio, making the stock its 12th largest position. Ashurst Perkins Coie Trust Co owned approximately 0.06% of iShares U.S. Technology ETF as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. The Manufacturers Life Insurance Company bought a new stake in shares of iShares U.S. Technology ETF during the 2nd quarter worth about $200,579,000. First Heartland Consultants Inc. acquired a new stake in shares of iShares U.S. Technology ETF in the 3rd quarter worth approximately $7,194,000. Goodman Advisory Group LLC acquired a new stake in shares of iShares U.S. Technology ETF in the 1st quarter worth approximately $510,000. CrossGen Wealth LLC bought a new position in shares of iShares U.S. Technology ETF in the fourth quarter valued at approximately $880,000. Finally, True North Advisors LLC bought a new position in shares of iShares U.S. Technology ETF in the first quarter valued at approximately $439,000. Institutional investors and hedge funds own 57.65% of the company’s stock.

iShares U.S. Technology ETF Price Performance

NYSEARCA IYW opened at $259.54 on Thursday. The company’s 50 day simple moving average is $256.82 and its 200 day simple moving average is $240.61. The firm has a market capitalization of $25.18 billion, a PE ratio of 34.95 and a beta of 1.35. iShares U.S. Technology ETF has a 12 month low of $172.54 and a 12 month high of $274.44.

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.