Pinkerton Wealth LLC bought a new stake in iShares U.S. Technology ETF (NYSEARCA:IYW – Free Report) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund bought 5,568 shares of the exchange traded fund’s stock, valued at approximately $1,475,000.
A number of other large investors have also added to or reduced their stakes in IYW. The Manufacturers Life Insurance Company purchased a new stake in shares of iShares U.S. Technology ETF during the second quarter valued at about $200,579,000. First Merchants Corp purchased a new position in shares of iShares U.S. Technology ETF in the 3rd quarter worth approximately $42,477,000. Patton Albertson Miller Group LLC bought a new position in shares of iShares U.S. Technology ETF during the 3rd quarter worth approximately $28,437,000. Capital Investment Advisors LLC bought a new position in shares of iShares U.S. Technology ETF during the 3rd quarter worth approximately $27,180,000. Finally, Park Avenue Securities LLC bought a new position in shares of iShares U.S. Technology ETF during the 3rd quarter worth approximately $25,531,000. 57.65% of the stock is currently owned by institutional investors.
iShares U.S. Technology ETF Price Performance
NYSEARCA:IYW opened at $242.67 on Monday. The stock has a market capitalization of $23.68 billion, a price-to-earnings ratio of 34.95 and a beta of 1.35. iShares U.S. Technology ETF has a 52 week low of $172.54 and a 52 week high of $274.44. The firm has a 50 day moving average of $257.04 and a 200 day moving average of $229.36.
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). The Index measures the performance of the technology sector of the United States equity market, and includes companies in the industry groups, such as software and computer services and technology hardware and equipment.
Recommended Stories
- Five stocks we like better than iShares U.S. Technology ETF
- STMicroelectronics Could Reach New Highs—Here’s What Needs to Happen
- Marvell Eyes a Swing for the AI Networking Fences as Markets Weigh Lumentum Price Tag
- Exxon’s Refining Profits Soared—Did Chevron Get the Same Windfall?
- Eli Lilly’s First Full Medicare Quarter: Is Volume Still Outrunning Price Cuts?
Want to see what other hedge funds are holding IYW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares U.S. Technology ETF (NYSEARCA:IYW – Free Report).
Receive News & Ratings for iShares U.S. Technology ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares U.S. Technology ETF and related companies with MarketBeat.com's FREE daily email newsletter.
