Gladstone Institutional Advisory LLC Has $1.07 Million Stock Position in iShares U.S. Technology ETF (NYSEARCA:IYW)

Gladstone Institutional Advisory LLC raised its holdings in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 15.7% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 7,058 shares of the exchange traded fund’s stock after acquiring an additional 958 shares during the quarter. Gladstone Institutional Advisory LLC’s holdings in iShares U.S. Technology ETF were worth $1,070,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. W Advisors LLC grew its position in iShares U.S. Technology ETF by 6.2% in the third quarter. W Advisors LLC now owns 15,684 shares of the exchange traded fund’s stock valued at $2,378,000 after purchasing an additional 916 shares in the last quarter. Principal Securities Inc. increased its holdings in iShares U.S. Technology ETF by 14.3% during the third quarter. Principal Securities Inc. now owns 46,973 shares of the exchange traded fund’s stock worth $7,122,000 after buying an additional 5,868 shares during the last quarter. Stephens Inc. AR raised its position in iShares U.S. Technology ETF by 1.6% during the third quarter. Stephens Inc. AR now owns 25,870 shares of the exchange traded fund’s stock worth $3,922,000 after acquiring an additional 412 shares in the last quarter. Forte Asset Management LLC raised its position in iShares U.S. Technology ETF by 9.9% during the third quarter. Forte Asset Management LLC now owns 31,500 shares of the exchange traded fund’s stock worth $4,776,000 after acquiring an additional 2,849 shares in the last quarter. Finally, HM Payson & Co. lifted its stake in iShares U.S. Technology ETF by 9.3% in the third quarter. HM Payson & Co. now owns 2,504 shares of the exchange traded fund’s stock valued at $380,000 after acquiring an additional 214 shares during the last quarter.

iShares U.S. Technology ETF Price Performance

iShares U.S. Technology ETF stock opened at $151.71 on Friday. The company’s 50-day moving average is $149.91 and its 200-day moving average is $145.35. The firm has a market capitalization of $18.64 billion, a PE ratio of 38.84 and a beta of 1.43. iShares U.S. Technology ETF has a fifty-two week low of $106.49 and a fifty-two week high of $158.97.

About iShares U.S. Technology ETF

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).