Perennial Investment Advisors LLC Raises Holdings in iShares U.S. Technology ETF (NYSEARCA:IYW)

Perennial Investment Advisors LLC boosted its position in iShares U.S. Technology ETF (NYSEARCA:IYW) by 8.4% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 69,539 shares of the exchange traded fund’s stock after acquiring an additional 5,406 shares during the period. iShares U.S. Technology ETF accounts for 1.5% of Perennial Investment Advisors LLC’s investment portfolio, making the stock its 14th biggest position. Perennial Investment Advisors LLC’s holdings in iShares U.S. Technology ETF were worth $10,473,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the business. Fort Washington Investment Advisors Inc. OH increased its position in iShares U.S. Technology ETF by 0.6% during the 2nd quarter. Fort Washington Investment Advisors Inc. OH now owns 13,484 shares of the exchange traded fund’s stock valued at $2,029,000 after buying an additional 74 shares in the last quarter. LVW Advisors LLC increased its holdings in shares of iShares U.S. Technology ETF by 0.6% during the first quarter. LVW Advisors LLC now owns 13,870 shares of the exchange traded fund’s stock valued at $1,873,000 after acquiring an additional 84 shares in the last quarter. Oppenheimer & Co. Inc. raised its position in shares of iShares U.S. Technology ETF by 1.2% in the 1st quarter. Oppenheimer & Co. Inc. now owns 7,281 shares of the exchange traded fund’s stock worth $983,000 after purchasing an additional 85 shares during the last quarter. Blue Fin Capital Inc. raised its position in shares of iShares U.S. Technology ETF by 3.6% in the 2nd quarter. Blue Fin Capital Inc. now owns 2,476 shares of the exchange traded fund’s stock worth $373,000 after purchasing an additional 87 shares during the last quarter. Finally, Hilltop Partners LLC boosted its stake in iShares U.S. Technology ETF by 2.3% in the 1st quarter. Hilltop Partners LLC now owns 4,034 shares of the exchange traded fund’s stock worth $545,000 after purchasing an additional 89 shares in the last quarter.

iShares U.S. Technology ETF Stock Performance

Shares of IYW stock opened at $146.04 on Tuesday. The company has a market capitalization of $17.94 billion, a price-to-earnings ratio of 38.84 and a beta of 1.43. iShares U.S. Technology ETF has a one year low of $100.84 and a one year high of $158.97. The company’s 50-day moving average is $146.03 and its 200 day moving average is $141.08.

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).