Accredited Investors Inc. Purchases 4,390 Shares of iShares U.S. Technology ETF $IYW

Accredited Investors Inc. lifted its position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 181.1% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 6,814 shares of the exchange traded fund’s stock after purchasing an additional 4,390 shares during the quarter. Accredited Investors Inc.’s holdings in iShares U.S. Technology ETF were worth $1,236,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of IYW. Monetary Solutions Ltd bought a new stake in iShares U.S. Technology ETF in the fourth quarter valued at about $26,000. Sankala Group LLC bought a new position in iShares U.S. Technology ETF during the fourth quarter worth about $26,000. Miller Capital Partners Inc. acquired a new stake in iShares U.S. Technology ETF during the fourth quarter valued at approximately $28,000. Triumph Capital Management acquired a new stake in iShares U.S. Technology ETF during the third quarter valued at approximately $28,000. Finally, Kingdom Financial Group LLC. bought a new stake in shares of iShares U.S. Technology ETF in the 4th quarter valued at approximately $32,000. 57.65% of the stock is currently owned by institutional investors.

iShares U.S. Technology ETF Trading Up 1.7%

Shares of IYW opened at $249.28 on Friday. The stock has a market cap of $25.08 billion, a PE ratio of 34.95 and a beta of 1.35. iShares U.S. Technology ETF has a 1 year low of $172.54 and a 1 year high of $261.01. The stock has a 50 day simple moving average of $243.44 and a 200-day simple moving average of $212.63.

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.