102,605 Shares of iShares U.S. Technology ETF $IYW Purchased by Capital Investment Advisors LLC

Capital Investment Advisors LLC purchased a new position in iShares U.S. Technology ETF (NYSEARCA:IYW) in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 102,605 shares of the exchange traded fund’s stock, valued at approximately $27,180,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of IYW. The Manufacturers Life Insurance Company bought a new stake in iShares U.S. Technology ETF during the second quarter valued at $200,579,000. First Merchants Corp bought a new stake in shares of iShares U.S. Technology ETF during the 3rd quarter valued at about $42,477,000. Hsbc Holdings PLC boosted its stake in iShares U.S. Technology ETF by 10.3% in the first quarter. Hsbc Holdings PLC now owns 977,825 shares of the exchange traded fund’s stock valued at $177,397,000 after acquiring an additional 91,338 shares during the period. Fifth Third Securities Inc. acquired a new stake in shares of iShares U.S. Technology ETF during the 3rd quarter worth approximately $19,595,000. Finally, Ashurst Perkins Coie Trust Co acquired a new position in iShares U.S. Technology ETF during the 3rd quarter valued at approximately $14,840,000. Hedge funds and other institutional investors own 57.65% of the company’s stock.

iShares U.S. Technology ETF Price Performance

Shares of iShares U.S. Technology ETF stock opened at $249.92 on Friday. iShares U.S. Technology ETF has a 1-year low of $172.54 and a 1-year high of $274.44. The business’s fifty day moving average price is $256.82 and its two-hundred day moving average price is $243.73. The company has a market capitalization of $24.19 billion, a P/E ratio of 34.95 and a beta of 1.35.

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.