Peapack Gladstone Financial Corp Reduces Stock Holdings in iShares U.S. Technology ETF (NYSEARCA:IYW)

Peapack Gladstone Financial Corp trimmed its holdings in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 3.3% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 22,735 shares of the exchange traded fund’s stock after selling 780 shares during the period. Peapack Gladstone Financial Corp’s holdings in iShares U.S. Technology ETF were worth $3,446,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of the stock. Natixis Advisors LLC raised its holdings in shares of iShares U.S. Technology ETF by 28.1% in the third quarter. Natixis Advisors LLC now owns 16,136 shares of the exchange traded fund’s stock worth $2,447,000 after acquiring an additional 3,539 shares during the last quarter. Ascent Group LLC raised its stake in iShares U.S. Technology ETF by 22.7% in the 2nd quarter. Ascent Group LLC now owns 43,612 shares of the exchange traded fund’s stock valued at $6,564,000 after purchasing an additional 8,077 shares during the last quarter. Great Valley Advisor Group Inc. raised its stake in iShares U.S. Technology ETF by 1.9% in the 3rd quarter. Great Valley Advisor Group Inc. now owns 3,963 shares of the exchange traded fund’s stock valued at $600,000 after purchasing an additional 73 shares during the last quarter. Brown Brothers Harriman & Co. lifted its holdings in iShares U.S. Technology ETF by 81.7% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 545 shares of the exchange traded fund’s stock valued at $83,000 after purchasing an additional 245 shares in the last quarter. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors acquired a new stake in shares of iShares U.S. Technology ETF during the 2nd quarter worth about $232,000.

iShares U.S. Technology ETF Price Performance

Shares of NYSEARCA IYW opened at $164.29 on Friday. The company has a market cap of $20.18 billion, a PE ratio of 38.84 and a beta of 1.43. The company has a 50-day simple moving average of $157.91 and a 200-day simple moving average of $150.98. iShares U.S. Technology ETF has a 12 month low of $117.19 and a 12 month high of $166.03.

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).