Semmax Financial Advisors Inc. Raises Stake in iShares U.S. Technology ETF (NYSEARCA:IYW)

Semmax Financial Advisors Inc. increased its position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 13.1% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,685 shares of the exchange traded fund’s stock after purchasing an additional 310 shares during the period. Semmax Financial Advisors Inc.’s holdings in iShares U.S. Technology ETF were worth $386,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of IYW. Envestnet Asset Management Inc. lifted its holdings in iShares U.S. Technology ETF by 3.2% in the 2nd quarter. Envestnet Asset Management Inc. now owns 11,813,520 shares of the exchange traded fund’s stock worth $1,777,935,000 after purchasing an additional 371,517 shares in the last quarter. FIL Ltd boosted its position in shares of iShares U.S. Technology ETF by 33.2% during the fourth quarter. FIL Ltd now owns 1,456,287 shares of the exchange traded fund’s stock worth $178,759,000 after acquiring an additional 363,201 shares during the last quarter. Envestnet Portfolio Solutions Inc. grew its stake in iShares U.S. Technology ETF by 2.2% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 1,390,175 shares of the exchange traded fund’s stock valued at $209,221,000 after acquiring an additional 30,147 shares in the last quarter. CWM LLC increased its holdings in iShares U.S. Technology ETF by 8.8% in the 1st quarter. CWM LLC now owns 1,173,803 shares of the exchange traded fund’s stock valued at $158,534,000 after acquiring an additional 95,066 shares during the last quarter. Finally, Park Avenue Securities LLC lifted its stake in iShares U.S. Technology ETF by 1.3% in the 2nd quarter. Park Avenue Securities LLC now owns 1,068,282 shares of the exchange traded fund’s stock worth $160,776,000 after purchasing an additional 13,629 shares in the last quarter.

iShares U.S. Technology ETF Stock Down 0.1 %

IYW opened at $149.26 on Tuesday. iShares U.S. Technology ETF has a 52 week low of $100.84 and a 52 week high of $158.97. The firm has a 50-day simple moving average of $144.95 and a two-hundred day simple moving average of $141.66. The company has a market capitalization of $18.34 billion, a PE ratio of 38.84 and a beta of 1.43.

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).