Liberty Wealth Management LLC Has $46.15 Million Stake in iShares U.S. Technology ETF (NYSEARCA:IYW)

Liberty Wealth Management LLC boosted its stake in iShares U.S. Technology ETF (NYSEARCA:IYW) by 420.4% in the second quarter, HoldingsChannel reports. The institutional investor owned 306,641 shares of the exchange traded fund’s stock after buying an additional 247,720 shares during the quarter. iShares U.S. Technology ETF accounts for approximately 1.1% of Liberty Wealth Management LLC’s portfolio, making the stock its 20th biggest position. Liberty Wealth Management LLC’s holdings in iShares U.S. Technology ETF were worth $46,149,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of IYW. Envestnet Asset Management Inc. increased its position in shares of iShares U.S. Technology ETF by 38.6% during the fourth quarter. Envestnet Asset Management Inc. now owns 10,523,831 shares of the exchange traded fund’s stock valued at $1,291,800,000 after acquiring an additional 2,928,731 shares during the last quarter. UBS Group AG grew its position in shares of iShares U.S. Technology ETF by 8.1% during the 4th quarter. UBS Group AG now owns 2,129,589 shares of the exchange traded fund’s stock valued at $261,407,000 after acquiring an additional 160,092 shares during the period. FIL Ltd increased its stake in shares of iShares U.S. Technology ETF by 33.2% during the 4th quarter. FIL Ltd now owns 1,456,287 shares of the exchange traded fund’s stock worth $178,759,000 after purchasing an additional 363,201 shares during the last quarter. Envestnet Portfolio Solutions Inc. increased its stake in shares of iShares U.S. Technology ETF by 2.2% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 1,390,175 shares of the exchange traded fund’s stock worth $209,221,000 after purchasing an additional 30,147 shares during the last quarter. Finally, CWM LLC raised its holdings in shares of iShares U.S. Technology ETF by 8.8% in the 1st quarter. CWM LLC now owns 1,173,803 shares of the exchange traded fund’s stock worth $158,534,000 after purchasing an additional 95,066 shares during the period.

iShares U.S. Technology ETF Trading Up 0.8 %

Shares of NYSEARCA IYW opened at $138.80 on Monday. The stock has a fifty day simple moving average of $147.08 and a two-hundred day simple moving average of $140.69. iShares U.S. Technology ETF has a 1-year low of $100.84 and a 1-year high of $158.97. The firm has a market cap of $17.05 billion, a price-to-earnings ratio of 38.84 and a beta of 1.43.

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).