Tudor Investment Corp ET AL Increases Stake in iShares U.S. Technology ETF $IYW

Tudor Investment Corp ET AL boosted its position in iShares U.S. Technology ETF (NYSEARCA:IYW) by 714.4% during the third quarter, according to its most recent 13F filing with the SEC. The firm owned 23,284 shares of the exchange traded fund’s stock after acquiring an additional 20,425 shares during the period. Tudor Investment Corp ET AL’s holdings in iShares U.S. Technology ETF were worth $4,560,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the business. Triumph Capital Management bought a new position in iShares U.S. Technology ETF during the third quarter worth about $28,000. Bangor Savings Bank bought a new stake in shares of iShares U.S. Technology ETF in the third quarter valued at approximately $31,000. Hantz Financial Services Inc. purchased a new stake in shares of iShares U.S. Technology ETF during the 3rd quarter valued at approximately $31,000. Abound Wealth Management purchased a new stake in shares of iShares U.S. Technology ETF during the 3rd quarter valued at approximately $34,000. Finally, Collier Financial bought a new position in iShares U.S. Technology ETF in the 3rd quarter worth approximately $37,000. 57.65% of the stock is owned by hedge funds and other institutional investors.

iShares U.S. Technology ETF Trading Up 0.6%

iShares U.S. Technology ETF stock opened at $185.94 on Thursday. iShares U.S. Technology ETF has a 1-year low of $117.55 and a 1-year high of $211.98. The firm has a market capitalization of $19.46 billion, a price-to-earnings ratio of 34.95 and a beta of 1.23. The firm has a 50 day simple moving average of $193.14 and a 200 day simple moving average of $196.65.

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.