iShares U.S. Technology ETF $IYW Stock Position Boosted by Glenview Trust Co

Glenview Trust Co boosted its stake in iShares U.S. Technology ETF (NYSEARCA:IYW) by 25.3% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 17,120 shares of the exchange traded fund’s stock after acquiring an additional 3,454 shares during the quarter. Glenview Trust Co’s holdings in iShares U.S. Technology ETF were worth $3,419,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of IYW. Triumph Capital Management bought a new position in iShares U.S. Technology ETF in the 3rd quarter valued at about $28,000. Hantz Financial Services Inc. bought a new position in iShares U.S. Technology ETF in the 3rd quarter valued at about $31,000. Kingdom Financial Group LLC. bought a new position in iShares U.S. Technology ETF in the 4th quarter valued at about $32,000. Collier Financial bought a new position in iShares U.S. Technology ETF in the 3rd quarter valued at about $37,000. Finally, Beacon Financial Strategies CORP bought a new position in iShares U.S. Technology ETF in the 4th quarter valued at about $41,000. Institutional investors own 57.65% of the company’s stock.

iShares U.S. Technology ETF Price Performance

Shares of IYW opened at $241.77 on Tuesday. The firm has a 50-day moving average price of $208.45 and a 200 day moving average price of $201.26. The firm has a market capitalization of $23.78 billion, a PE ratio of 34.95 and a beta of 1.33. iShares U.S. Technology ETF has a 52-week low of $154.02 and a 52-week high of $243.69.

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.