iShares U.S. Technology ETF (NYSEARCA:IYW) Shares Acquired by Migdal Insurance & Financial Holdings Ltd.

Migdal Insurance & Financial Holdings Ltd. lifted its stake in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 4.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 58,091 shares of the exchange traded fund’s stock after buying an additional 2,536 shares during the quarter. Migdal Insurance & Financial Holdings Ltd. owned approximately 0.06% of iShares U.S. Technology ETF worth $7,133,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Barclays PLC acquired a new position in shares of iShares U.S. Technology ETF during the first quarter valued at $25,000. Authentikos Wealth Advisory LLC acquired a new position in shares of iShares U.S. Technology ETF during the third quarter valued at $33,000. Sheets Smith Wealth Management acquired a new position in shares of iShares U.S. Technology ETF during the third quarter valued at $35,000. Coppell Advisory Solutions LLC acquired a new position in shares of iShares U.S. Technology ETF during the second quarter valued at $39,000. Finally, LWM Advisory Services LLC bought a new stake in shares of iShares U.S. Technology ETF during the third quarter valued at about $40,000.

iShares U.S. Technology ETF Price Performance

Shares of NYSEARCA IYW traded down $1.35 during midday trading on Wednesday, reaching $130.03. 776,132 shares of the company traded hands, compared to its average volume of 843,174. iShares U.S. Technology ETF has a 52 week low of $88.64 and a 52 week high of $137.54. The stock has a 50-day moving average price of $133.55 and a 200 day moving average price of $122.78. The company has a market cap of $15.86 billion, a price-to-earnings ratio of 40.59 and a beta of 1.39.

About iShares U.S. Technology ETF

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).