IMC Chicago LLC bought a new stake in iShares U.S. Technology ETF (NYSEARCA:IYW – Free Report) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 2,449 shares of the exchange traded fund’s stock, valued at approximately $444,000.
A number of other large investors also recently made changes to their positions in the company. Monetary Solutions Ltd purchased a new position in iShares U.S. Technology ETF during the fourth quarter worth about $26,000. Sankala Group LLC purchased a new stake in iShares U.S. Technology ETF in the 4th quarter valued at about $26,000. Triumph Capital Management purchased a new stake in iShares U.S. Technology ETF in the 3rd quarter valued at about $28,000. Miller Capital Partners Inc. bought a new position in shares of iShares U.S. Technology ETF during the 4th quarter worth approximately $28,000. Finally, Citizens National Bank Trust Department bought a new position in shares of iShares U.S. Technology ETF during the 1st quarter worth approximately $31,000. 57.65% of the stock is owned by institutional investors.
iShares U.S. Technology ETF Stock Down 2.3%
Shares of NYSEARCA IYW opened at $242.70 on Friday. iShares U.S. Technology ETF has a twelve month low of $172.54 and a twelve month high of $261.01. The stock’s 50 day moving average price is $245.65 and its 200-day moving average price is $214.19. The company has a market capitalization of $24.42 billion, a PE ratio of 34.95 and a beta of 1.35.
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.
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