iShares U.S. Technology ETF $IYW Shares Acquired by May Hill Capital LLC

May Hill Capital LLC lifted its position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 101.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 19,182 shares of the exchange traded fund’s stock after purchasing an additional 9,675 shares during the quarter. May Hill Capital LLC’s holdings in iShares U.S. Technology ETF were worth $3,830,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in IYW. Triumph Capital Management acquired a new stake in shares of iShares U.S. Technology ETF during the 3rd quarter worth approximately $28,000. Hantz Financial Services Inc. acquired a new stake in shares of iShares U.S. Technology ETF during the 3rd quarter worth approximately $31,000. Collier Financial acquired a new stake in shares of iShares U.S. Technology ETF during the 3rd quarter worth approximately $37,000. Beacon Financial Strategies CORP acquired a new stake in shares of iShares U.S. Technology ETF during the 4th quarter worth approximately $41,000. Finally, Flagship Harbor Advisors LLC acquired a new stake in shares of iShares U.S. Technology ETF during the 4th quarter worth approximately $44,000. Institutional investors and hedge funds own 57.65% of the company’s stock.

iShares U.S. Technology ETF Price Performance

Shares of NYSEARCA IYW opened at $238.80 on Friday. The stock has a market capitalization of $23.49 billion, a price-to-earnings ratio of 34.95 and a beta of 1.33. iShares U.S. Technology ETF has a 12 month low of $154.02 and a 12 month high of $243.69. The firm’s 50 day simple moving average is $202.68 and its 200-day simple moving average is $200.01.

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.