WASHINGTON TRUST Co Buys 297 Shares of iShares U.S. Technology ETF (NYSEARCA:IYW)

WASHINGTON TRUST Co raised its stake in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 17.5% in the fourth quarter, Holdings Channel reports. The fund owned 1,997 shares of the exchange traded fund’s stock after acquiring an additional 297 shares during the period. WASHINGTON TRUST Co’s holdings in iShares U.S. Technology ETF were worth $245,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Morgan Stanley increased its stake in shares of iShares U.S. Technology ETF by 22.7% in the fourth quarter. Morgan Stanley now owns 5,989,447 shares of the exchange traded fund’s stock valued at $446,154,000 after buying an additional 1,109,984 shares in the last quarter. PGIM Custom Harvest LLC increased its stake in shares of iShares U.S. Technology ETF by 1.9% in the third quarter. PGIM Custom Harvest LLC now owns 4,311,874 shares of the exchange traded fund’s stock valued at $452,402,000 after buying an additional 81,615 shares in the last quarter. BlackRock Inc. increased its stake in shares of iShares U.S. Technology ETF by 43.8% in the first quarter. BlackRock Inc. now owns 2,587,110 shares of the exchange traded fund’s stock valued at $240,110,000 after buying an additional 788,079 shares in the last quarter. JPMorgan Chase & Co. increased its stake in shares of iShares U.S. Technology ETF by 36.5% in the first quarter. JPMorgan Chase & Co. now owns 2,021,674 shares of the exchange traded fund’s stock valued at $187,632,000 after buying an additional 540,942 shares in the last quarter. Finally, Wells Fargo & Company MN increased its stake in shares of iShares U.S. Technology ETF by 11.4% in the second quarter. Wells Fargo & Company MN now owns 1,361,643 shares of the exchange traded fund’s stock valued at $148,242,000 after buying an additional 139,378 shares in the last quarter.

iShares U.S. Technology ETF Stock Down 0.2 %

Shares of IYW stock opened at $135.06 on Friday. The firm has a market cap of $13.89 billion, a price-to-earnings ratio of 21.40 and a beta of 1.15. iShares U.S. Technology ETF has a 12 month low of $88.64 and a 12 month high of $137.54. The stock has a 50-day moving average price of $132.34 and a 200 day moving average price of $120.11.

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).