7,059 Shares in iShares U.S. Technology ETF $IYW Bought by Lee Johnson Capital Management LLC

Lee Johnson Capital Management LLC acquired a new stake in iShares U.S. Technology ETF (NYSEARCA:IYW) in the third quarter, Holdings Channel reports. The institutional investor acquired 7,059 shares of the exchange traded fund’s stock, valued at approximately $1,383,000.

A number of other large investors have also modified their holdings of IYW. TBH Global Asset Management LLC purchased a new stake in shares of iShares U.S. Technology ETF during the 3rd quarter worth about $637,000. Oak Asset Management LLC purchased a new position in shares of iShares U.S. Technology ETF in the 3rd quarter valued at about $205,000. Lewis Asset Management LLC raised its holdings in iShares U.S. Technology ETF by 7.9% in the 3rd quarter. Lewis Asset Management LLC now owns 8,981 shares of the exchange traded fund’s stock worth $1,759,000 after purchasing an additional 659 shares during the period. Kingsman Wealth Management Inc. boosted its position in iShares U.S. Technology ETF by 12.4% during the third quarter. Kingsman Wealth Management Inc. now owns 30,737 shares of the exchange traded fund’s stock worth $6,020,000 after purchasing an additional 3,388 shares in the last quarter. Finally, Wealth Quarterback LLC boosted its position in iShares U.S. Technology ETF by 4.5% during the third quarter. Wealth Quarterback LLC now owns 19,647 shares of the exchange traded fund’s stock worth $3,848,000 after purchasing an additional 843 shares in the last quarter. Institutional investors and hedge funds own 57.65% of the company’s stock.

iShares U.S. Technology ETF Price Performance

iShares U.S. Technology ETF stock opened at $201.51 on Wednesday. The stock has a market capitalization of $21.72 billion, a PE ratio of 34.95 and a beta of 1.23. The business has a 50 day simple moving average of $200.69 and a 200-day simple moving average of $189.53. iShares U.S. Technology ETF has a 12 month low of $117.55 and a 12 month high of $211.98.

iShares U.S. Technology ETF Company 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.