iShares U.S. Technology ETF $IYW Shares Newly Bought by Pinkerton Wealth LLC
by Kim Johansen · The Markets DailyPinkerton Wealth LLC acquired a new stake in shares of iShares U.S. Technology ETF (NYSEARCA:IYW – Free Report) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 5,568 shares of the exchange traded fund’s stock, valued at approximately $1,475,000.
Several other hedge funds and other institutional investors have also recently modified their holdings of IYW. MeadowBrook Investment Advisors LLC purchased a new position in shares of iShares U.S. Technology ETF in the third quarter worth $116,000. Mirae Asset Global Investments Co. Ltd. purchased a new stake in shares of iShares U.S. Technology ETF during the third quarter valued at $1,245,000. Aviance Capital Partners LLC purchased a new stake in shares of iShares U.S. Technology ETF during the third quarter valued at $2,302,000. Vise Technologies Inc. increased its position in shares of iShares U.S. Technology ETF by 50.7% in the 3rd quarter. Vise Technologies Inc. now owns 34,484 shares of the exchange traded fund’s stock valued at $9,135,000 after acquiring an additional 11,599 shares during the period. Finally, Blue Fin Capital Inc. acquired a new position in shares of iShares U.S. Technology ETF in the 3rd quarter valued at $669,000. 57.65% of the stock is owned by hedge funds and other institutional investors.
iShares U.S. Technology ETF Price Performance
Shares of IYW stock opened at $242.67 on Monday. The firm has a market capitalization of $23.68 billion, a price-to-earnings ratio of 34.95 and a beta of 1.35. The business has a fifty day moving average of $257.04 and a 200 day moving average of $229.36. iShares U.S. Technology ETF has a 1 year low of $172.54 and a 1 year high of $274.44.
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.
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