3,407 Shares in iShares U.S. Technology ETF $IYW Bought by OLD National Bancorp IN

OLD National Bancorp IN bought a new position in iShares U.S. Technology ETF (NYSEARCA:IYW) during the second quarter, Holdings Channel reports. The fund bought 3,407 shares of the exchange traded fund’s stock, valued at approximately $590,000.

A number of other hedge funds have also modified their holdings of IYW. Courier Capital LLC grew its holdings in shares of iShares U.S. Technology ETF by 23.4% in the 1st quarter. Courier Capital LLC now owns 5,430 shares of the exchange traded fund’s stock worth $763,000 after acquiring an additional 1,030 shares during the last quarter. Signet Financial Management LLC acquired a new position in shares of iShares U.S. Technology ETF in the 1st quarter worth $1,214,000. Simplicity Wealth LLC acquired a new position in shares of iShares U.S. Technology ETF in the 1st quarter worth $1,824,000. Strategic Equity Management grew its holdings in shares of iShares U.S. Technology ETF by 7.2% in the 1st quarter. Strategic Equity Management now owns 16,774 shares of the exchange traded fund’s stock worth $2,356,000 after acquiring an additional 1,124 shares during the last quarter. Finally, Focus Financial Network Inc. grew its holdings in shares of iShares U.S. Technology ETF by 13.7% in the 1st quarter. Focus Financial Network Inc. now owns 48,501 shares of the exchange traded fund’s stock worth $6,812,000 after acquiring an additional 5,843 shares during the last quarter. 57.65% of the stock is currently owned by institutional investors and hedge funds.

iShares U.S. Technology ETF Trading Down 0.8%

Shares of IYW stock opened at $197.79 on Wednesday. iShares U.S. Technology ETF has a 1-year low of $117.55 and a 1-year high of $200.43. The company has a market capitalization of $21.22 billion, a price-to-earnings ratio of 34.95 and a beta of 1.15. The stock’s fifty day simple moving average is $186.81 and its 200-day simple moving average is $166.93.

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).