Wedbush Securities Inc. acquired a new position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW – Free Report) during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor acquired 5,666 shares of the exchange traded fund’s stock, valued at approximately $1,501,000.
Other large investors have also modified their holdings of the company. Go Invest LLC acquired a new stake in shares of iShares U.S. Technology ETF in the third quarter worth approximately $30,000. Citizens National Bank Trust Department purchased a new stake in iShares U.S. Technology ETF in the first quarter valued at approximately $31,000. Tompkins Financial Corp acquired a new position in iShares U.S. Technology ETF during the third quarter worth approximately $40,000. Bangor Savings Bank acquired a new position in iShares U.S. Technology ETF during the third quarter worth approximately $42,000. Finally, Grove Bank & Trust acquired a new position in iShares U.S. Technology ETF during the second quarter worth approximately $55,000. 57.65% of the stock is currently owned by hedge funds and other institutional investors.
iShares U.S. Technology ETF Price Performance
NYSEARCA:IYW opened at $249.92 on Monday. The company has a market cap of $24.28 billion, a P/E ratio of 34.95 and a beta of 1.35. iShares U.S. Technology ETF has a fifty-two week low of $172.54 and a fifty-two week high of $274.44. The firm’s 50 day moving average is $256.82 and its two-hundred day moving average is $244.13.
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.
Read More
- Five stocks we like better than iShares U.S. Technology ETF
- Newmont’s Record Quarter Shows Why Gold’s Floor Is the Real Story
- Albemarle Upgrade: Can Energy Storage Recharge Lithium’s Leader?
- Consumer Staples Are Up 12% This Year—These 3 Beverage Stocks Are Leading the Way
- Can Planet Fitness Get Its Growth Back in Shape?
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.
