Gimbal Financial Buys 19,767 Shares of iShares U.S. Technology ETF $IYW

Gimbal Financial purchased a new stake in shares of iShares U.S. Technology ETF (NYSEARCA:IYW – Free Report) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 19,767 shares of the exchange traded fund’s stock, valued at approximately $5,236,000. iShares U.S. Technology ETF comprises 3.0% of Gimbal Financial’s holdings, making the stock its 11th biggest holding.

Several other institutional investors have also added to or reduced their stakes in IYW. Sonata Capital Group Inc. bought a new position in iShares U.S. Technology ETF during the 3rd quarter valued at approximately $2,710,000. Prairie Advisory LLC grew its position in shares of iShares U.S. Technology ETF by 100.0% in the 3rd quarter. Prairie Advisory LLC now owns 5,170 shares of the exchange traded fund’s stock worth $1,370,000 after buying an additional 2,585 shares during the last quarter. Independent Wealth Network Inc. bought a new stake in shares of iShares U.S. Technology ETF in the 3rd quarter worth approximately $227,000. Jackson Square Capital LLC increased its stake in shares of iShares U.S. Technology ETF by 5.8% during the third quarter. Jackson Square Capital LLC now owns 1,119 shares of the exchange traded fund’s stock valued at $296,000 after buying an additional 61 shares during the period. Finally, Quantum Financial Partners LLC increased its stake in shares of iShares U.S. Technology ETF by 5.9% during the third quarter. Quantum Financial Partners LLC now owns 1,027 shares of the exchange traded fund’s stock valued at $272,000 after buying an additional 57 shares during the period. Hedge funds and other institutional investors own 57.65% of the company’s stock.

iShares U.S. Technology ETF Stock Performance

Shares of iShares U.S. Technology ETF stock traded up $3.49 during midday trading on Monday, reaching $254.73. 286,131 shares of the company’s stock traded hands, compared to its average volume of 1,071,387. The company has a market cap of $24.75 billion, a PE ratio of 34.95 and a beta of 1.35. The stock has a 50 day moving average of $256.92 and a 200-day moving average of $241.73. iShares U.S. Technology ETF has a 12 month low of $172.54 and a 12 month high of $274.44.

iShares U.S. Technology ETF Company Profile

(Free Report)

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.

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