Earned Wealth Advisors LLC purchased a new stake in iShares U.S. Technology ETF (NYSEARCA:IYW – Free Report) in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 11,301 shares of the exchange traded fund’s stock, valued at approximately $2,050,000.
Several other institutional investors have also added to or reduced their stakes in the business. Monetary Solutions Ltd purchased a new position in shares of iShares U.S. Technology ETF in the 4th quarter valued at approximately $26,000. Sankala Group LLC acquired a new stake in iShares U.S. Technology ETF in the 4th quarter worth approximately $26,000. Triumph Capital Management purchased a new stake in iShares U.S. Technology ETF during the 3rd quarter worth approximately $28,000. Miller Capital Partners Inc. purchased a new stake in iShares U.S. Technology ETF during the 4th quarter worth approximately $28,000. Finally, Citizens National Bank Trust Department acquired a new position in iShares U.S. Technology ETF during the 1st quarter valued at approximately $31,000. Institutional investors and hedge funds own 57.65% of the company’s stock.
iShares U.S. Technology ETF Stock Performance
Shares of iShares U.S. Technology ETF stock opened at $239.24 on Monday. The firm’s 50 day simple moving average is $245.67 and its two-hundred day simple moving average is $214.46. The firm has a market capitalization of $24.06 billion, a price-to-earnings ratio of 34.95 and a beta of 1.35. iShares U.S. Technology ETF has a 12-month low of $172.54 and a 12-month high of $261.01.
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.
Recommended Stories
- Five stocks we like better than iShares U.S. Technology ETF
- Strait of Hormuz Tensions Spike Tanker Trade: These 2 Stocks Are Set to Benefit
- Shopify’s Quiet AI Strategy Could Be Its Biggest Advantage Yet
- Why These 3 Nuclear ETFs Are Getting a Fresh Look as AI Power Demand Rises
- 3 Aerospace Suppliers That Could Benefit as Aircraft Makers Face Bottlenecks
Want to see what other hedge funds are holding IYW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares U.S. Technology ETF (NYSEARCA:IYW – Free Report).
Receive News & Ratings for iShares U.S. Technology ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares U.S. Technology ETF and related companies with MarketBeat.com's FREE daily email newsletter.
