IMC Chicago LLC acquired a new stake in shares of iShares U.S. Technology ETF (NYSEARCA:IYW – Free Report) in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 2,449 shares of the exchange traded fund’s stock, valued at approximately $444,000.
Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Monetary Solutions Ltd acquired a new stake in shares of iShares U.S. Technology ETF in the 4th quarter worth about $26,000. Sankala Group LLC acquired a new position in iShares U.S. Technology ETF during the 4th quarter valued at about $26,000. Miller Capital Partners Inc. acquired a new position in iShares U.S. Technology ETF during the 4th quarter valued at about $28,000. Triumph Capital Management bought a new stake in iShares U.S. Technology ETF during the 3rd quarter worth approximately $28,000. Finally, Kingdom Financial Group LLC. bought a new stake in iShares U.S. Technology ETF during the 4th quarter worth approximately $32,000. 57.65% of the stock is owned by institutional investors.
iShares U.S. Technology ETF Stock Down 2.3%
Shares of iShares U.S. Technology ETF stock opened at $242.70 on Friday. The company has a market cap of $24.42 billion, a PE 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 $261.01. The business has a 50 day moving average price of $245.65 and a 200-day moving average price of $214.19.
iShares U.S. 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). 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.
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