9,017 Shares in iShares U.S. Technology ETF $IYW Purchased by Carret Asset Management LLC

Carret Asset Management LLC purchased a new stake in iShares U.S. Technology ETF (NYSEARCA:IYW) in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 9,017 shares of the exchange traded fund’s stock, valued at approximately $2,389,000.

A number of other institutional investors have also recently modified their holdings of IYW. Go Invest LLC acquired a new position in iShares U.S. Technology ETF during the third quarter worth $30,000. WestEnd Advisors LLC acquired a new stake in iShares U.S. Technology ETF in the third quarter valued at $31,000. Bank Julius Baer & Co. Ltd Zurich acquired a new stake in iShares U.S. Technology ETF in the third quarter valued at $36,000. Tompkins Financial Corp purchased a new stake in shares of iShares U.S. Technology ETF during the 3rd quarter worth $40,000. Finally, Bangor Savings Bank purchased a new stake in shares of iShares U.S. Technology ETF during the 3rd quarter worth $42,000. 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 $227.07 on Monday. iShares U.S. Technology ETF has a fifty-two week low of $172.54 and a fifty-two week high of $274.44. The stock has a market cap of $22.37 billion, a PE ratio of 34.95 and a beta of 1.37. The firm’s fifty day simple moving average is $255.64 and its 200-day simple moving average is $230.22.

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.