Wetzel Investment Advisors Inc. Has $758,000 Stock Holdings in iShares U.S. Technology ETF $IYW

Wetzel Investment Advisors Inc. decreased its position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 2.2% in the second quarter, Holdings Channel.com reports. The firm owned 4,376 shares of the exchange traded fund’s stock after selling 100 shares during the period. Wetzel Investment Advisors Inc.’s holdings in iShares U.S. Technology ETF were worth $758,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Hoey Investments Inc. acquired a new stake in shares of iShares U.S. Technology ETF in the first quarter worth about $27,000. Trust Co. of Vermont bought a new position in iShares U.S. Technology ETF during the first quarter valued at about $30,000. Park Square Financial Group LLC grew its stake in shares of iShares U.S. Technology ETF by 588.2% in the 1st quarter. Park Square Financial Group LLC now owns 234 shares of the exchange traded fund’s stock valued at $33,000 after purchasing an additional 200 shares during the period. Accredited Wealth Management LLC bought a new stake in shares of iShares U.S. Technology ETF in the 1st quarter valued at approximately $33,000. Finally, SJS Investment Consulting Inc. bought a new stake in shares of iShares U.S. Technology ETF in the 2nd quarter valued at approximately $41,000. Institutional investors and hedge funds own 57.65% of the company’s stock.

iShares U.S. Technology ETF Trading Up 0.5%

IYW stock opened at $195.86 on Wednesday. iShares U.S. Technology ETF has a 1-year low of $117.55 and a 1-year high of $197.11. The firm has a market cap of $24.49 billion, a P/E ratio of 34.95 and a beta of 1.15. The business’s 50 day moving average is $185.01 and its 200-day moving average is $165.12.

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).