Murphy Capital Management Inc. Has $1.82 Million Stock Holdings in iShares US Technology ETF (NYSEARCA:IYW)

Murphy Capital Management Inc. trimmed its position in shares of iShares US Technology ETF (NYSEARCA:IYW) by 3.3% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 9,214 shares of the exchange traded fund’s stock after selling 316 shares during the quarter. Murphy Capital Management Inc.’s holdings in iShares US Technology ETF were worth $1,823,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in the company. JPMorgan Chase & Co. boosted its stake in shares of iShares US Technology ETF by 6.0% during the first quarter. JPMorgan Chase & Co. now owns 114,558 shares of the exchange traded fund’s stock valued at $21,835,000 after purchasing an additional 6,480 shares in the last quarter. SPC Financial Inc. boosted its stake in shares of iShares US Technology ETF by 1.5% during the first quarter. SPC Financial Inc. now owns 87,512 shares of the exchange traded fund’s stock valued at $16,680,000 after purchasing an additional 1,310 shares in the last quarter. Grimes & Company Inc. boosted its stake in shares of iShares US Technology ETF by 660.3% during the first quarter. Grimes & Company Inc. now owns 85,724 shares of the exchange traded fund’s stock valued at $16,339,000 after purchasing an additional 74,449 shares in the last quarter. Fulcrum Equity Management acquired a new stake in shares of iShares US Technology ETF during the first quarter valued at about $15,380,000. Finally, Monroe Bank & Trust MI boosted its stake in shares of iShares US Technology ETF by 8.4% during the first quarter. Monroe Bank & Trust MI now owns 79,672 shares of the exchange traded fund’s stock valued at $15,185,000 after purchasing an additional 6,145 shares in the last quarter.

Shares of IYW opened at $205.71 on Friday. iShares US Technology ETF has a 1 year low of $148.42 and a 1 year high of $212.07. The business’s 50-day moving average is $202.56.

iShares US 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).

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Institutional Ownership by Quarter for iShares US Technology ETF (NYSEARCA:IYW)

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