Raymond James & Associates Has $95.70 Million Position in iShares U.S. Technology ETF (NYSEARCA:IYW)

Raymond James & Associates lifted its stake in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 1.6% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 631,178 shares of the exchange traded fund’s stock after acquiring an additional 9,742 shares during the quarter. Raymond James & Associates owned about 0.51% of iShares U.S. Technology ETF worth $95,699,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently bought and sold shares of IYW. First Citizens Bank & Trust Co. boosted its stake in iShares U.S. Technology ETF by 1.2% in the 3rd quarter. First Citizens Bank & Trust Co. now owns 9,025 shares of the exchange traded fund’s stock valued at $1,368,000 after buying an additional 105 shares in the last quarter. Stratos Wealth Advisors LLC raised its position in iShares U.S. Technology ETF by 3.1% in the 3rd quarter. Stratos Wealth Advisors LLC now owns 20,091 shares of the exchange traded fund’s stock worth $3,046,000 after purchasing an additional 608 shares during the last quarter. Stratos Wealth Partners LTD. raised its holdings in iShares U.S. Technology ETF by 12.1% during the 3rd quarter. Stratos Wealth Partners LTD. now owns 194,375 shares of the exchange traded fund’s stock worth $29,471,000 after purchasing an additional 20,965 shares during the last quarter. Madrona Financial Services LLC lifted its holdings in iShares U.S. Technology ETF by 4.2% in the third quarter. Madrona Financial Services LLC now owns 31,778 shares of the exchange traded fund’s stock valued at $4,818,000 after buying an additional 1,285 shares during the period. Finally, RFG Advisory LLC boosted its position in shares of iShares U.S. Technology ETF by 30.1% in the 3rd quarter. RFG Advisory LLC now owns 42,044 shares of the exchange traded fund’s stock worth $6,375,000 after purchasing an additional 9,738 shares during the last quarter.

iShares U.S. Technology ETF Price Performance

Shares of NYSEARCA:IYW opened at $155.20 on Monday. The firm’s 50 day simple moving average is $148.35 and its 200 day simple moving average is $143.97. The company has a market capitalization of $19.07 billion, a price-to-earnings ratio of 38.84 and a beta of 1.43. iShares U.S. Technology ETF has a fifty-two week low of $100.84 and a fifty-two week high of $158.97.

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).