Planned Solutions Inc. Makes New Investment in iShares U.S. Technology ETF (NYSEARCA:IYW)

Planned Solutions Inc. acquired a new stake in iShares U.S. Technology ETF (NYSEARCA:IYW) during the fourth quarter, HoldingsChannel reports. The firm acquired 878 shares of the exchange traded fund’s stock, valued at approximately $108,000.

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

iShares U.S. Technology ETF Stock Up 0.1 %

IYW opened at $135.35 on Thursday. iShares U.S. Technology ETF has a 52 week low of $87.82 and a 52 week high of $137.54. The business’s 50 day moving average is $132.14 and its two-hundred day moving average is $120.00. The firm has a market cap of $13.92 billion, a price-to-earnings ratio of 21.40 and a beta of 1.15.

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).