iShares U.S. Technology ETF $IYW Shares Newly Acquired by UNIVEST FINANCIAL Corp

UNIVEST FINANCIAL Corp purchased a new stake in iShares U.S. Technology ETF (NYSEARCA:IYW) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 4,534 shares of the exchange traded fund’s stock, valued at approximately $1,201,000.

Several other hedge funds have also recently modified their holdings of IYW. Granville Capital Inc. bought a new position in iShares U.S. Technology ETF in the third quarter worth approximately $1,419,000. Joel Isaacson & Co. LLC bought a new stake in iShares U.S. Technology ETF during the 3rd quarter valued at $4,805,000. First Command Advisory Services Inc. boosted its position in iShares U.S. Technology ETF by 1,393.1% during the 3rd quarter. First Command Advisory Services Inc. now owns 3,225 shares of the exchange traded fund’s stock valued at $854,000 after acquiring an additional 3,009 shares in the last quarter. AMG National Trust Bank bought a new stake in iShares U.S. Technology ETF during the 3rd quarter valued at $212,000. Finally, Mesirow Financial Investment Management Inc. purchased a new position in shares of iShares U.S. Technology ETF in the 3rd quarter valued at $318,000. Hedge funds and other institutional investors own 57.65% of the company’s stock.

iShares U.S. Technology ETF Trading Down 0.6%

Shares of NYSEARCA:IYW opened at $235.29 on Friday. The company has a market capitalization of $23.51 billion, a PE ratio of 26.89 and a beta of 1.37. iShares U.S. Technology ETF has a 12-month low of $172.54 and a 12-month high of $274.44. The business’s fifty day simple moving average is $254.40 and its 200-day simple moving average is $230.92.

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). 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.