2,585 iShares U.S. Technology ETF $IYW Shares Purchased by Prairie Advisory LLC

Prairie Advisory LLC boosted its stake in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 100.0% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 5,170 shares of the exchange traded fund’s stock after buying an additional 2,585 shares during the quarter. Prairie Advisory LLC’s holdings in iShares U.S. Technology ETF were worth $1,370,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Independent Wealth Network Inc. purchased a new position in iShares U.S. Technology ETF in the 3rd quarter valued at approximately $227,000. Jackson Square Capital LLC grew its holdings in iShares U.S. Technology ETF by 5.8% in the third 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. Quantum Financial Partners LLC grew its holdings in iShares U.S. Technology ETF by 5.9% in the third quarter. Quantum Financial Partners LLC now owns 1,027 shares of the exchange traded fund’s stock valued at $272,000 after purchasing an additional 57 shares during the last quarter. Client 1ST Advisory Group LLC increased its position in shares of iShares U.S. Technology ETF by 0.9% in the third quarter. Client 1ST Advisory Group LLC now owns 16,429 shares of the exchange traded fund’s stock valued at $4,352,000 after buying an additional 142 shares in the last quarter. Finally, Narus Financial Partners LLC purchased a new position in shares of iShares U.S. Technology ETF in the third quarter valued at $409,000. 57.65% of the stock is owned by hedge funds and other institutional investors.

iShares U.S. Technology ETF Trading Up 1.3%

Shares of NYSEARCA:IYW traded up $3.35 during midday trading on Monday, hitting $254.59. 290,809 shares of the stock were exchanged, compared to its average volume of 1,071,387. The stock has a market cap of $24.73 billion, a P/E ratio of 34.95 and a beta of 1.35. iShares U.S. Technology ETF has a twelve month low of $172.54 and a twelve month high of $274.44. The company has a 50 day moving average price of $256.92 and a 200-day moving average price of $241.73.

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.