FWG Investments LLC. Invests $318,000 in iShares U.S. Technology ETF $IYW

FWG Investments LLC. bought a new stake in iShares U.S. Technology ETF (NYSEARCA:IYW) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 1,838 shares of the exchange traded fund’s stock, valued at approximately $318,000.

Several other large investors have also recently added to or reduced their stakes in IYW. Mesirow Financial Investment Management Inc. acquired a new position in shares of iShares U.S. Technology ETF during the 2nd quarter valued at about $233,000. MeadowBrook Investment Advisors LLC acquired a new position in shares of iShares U.S. Technology ETF in the 2nd quarter valued at $81,000. Assetmark Inc. grew its stake in shares of iShares U.S. Technology ETF by 4.8% during the 2nd quarter. Assetmark Inc. now owns 53,908 shares of the exchange traded fund’s stock valued at $9,341,000 after buying an additional 2,490 shares during the period. Keybank National Association OH increased its holdings in shares of iShares U.S. Technology ETF by 18.3% during the 2nd quarter. Keybank National Association OH now owns 24,978 shares of the exchange traded fund’s stock worth $4,328,000 after buying an additional 3,860 shares during the last quarter. Finally, Horizon Wealth Management LLC increased its holdings in shares of iShares U.S. Technology ETF by 2,674.3% during the 2nd quarter. Horizon Wealth Management LLC now owns 88,834 shares of the exchange traded fund’s stock worth $15,392,000 after buying an additional 85,632 shares during the last quarter. 57.65% of the stock is currently owned by hedge funds and other institutional investors.

iShares U.S. Technology ETF Trading Down 1.6%

Shares of iShares U.S. Technology ETF stock opened at $207.85 on Friday. The business’s fifty day moving average price is $193.19 and its 200 day moving average price is $174.44. iShares U.S. Technology ETF has a twelve month low of $117.55 and a twelve month high of $211.98. The stock has a market capitalization of $22.19 billion, a P/E ratio of 34.95 and a beta of 1.23.

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).