Simplex Trading LLC acquired a new position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW – Free Report) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 9,743 shares of the exchange traded fund’s stock, valued at approximately $2,581,000.
Other large investors have also recently bought and sold shares of the company. GKV Capital Management Co. Inc. lifted its holdings in iShares U.S. Technology ETF by 3.2% in the first quarter. GKV Capital Management Co. Inc. now owns 1,462 shares of the exchange traded fund’s stock valued at $265,000 after acquiring an additional 46 shares during the period. Quantum Financial Partners LLC grew its stake in shares of iShares U.S. Technology ETF by 5.9% during the 3rd quarter. Quantum Financial Partners LLC now owns 1,027 shares of the exchange traded fund’s stock worth $272,000 after purchasing an additional 57 shares during the period. Tactive Advisors LLC grew its stake in shares of iShares U.S. Technology ETF by 1.2% during the 2nd quarter. Tactive Advisors LLC now owns 5,133 shares of the exchange traded fund’s stock worth $1,295,000 after purchasing an additional 60 shares during the period. Jackson Square Capital LLC grew its stake in shares of iShares U.S. Technology ETF by 5.8% during the 3rd quarter. Jackson Square Capital LLC now owns 1,119 shares of the exchange traded fund’s stock worth $296,000 after purchasing an additional 61 shares during the period. Finally, Cyndeo Wealth Partners LLC grew its stake in shares of iShares U.S. Technology ETF by 1.0% during the 3rd quarter. Cyndeo Wealth Partners LLC now owns 6,628 shares of the exchange traded fund’s stock worth $1,756,000 after purchasing an additional 63 shares during the period. Hedge funds and other institutional investors own 57.65% of the company’s stock.
iShares U.S. Technology ETF Stock Up 3.1%
Shares of IYW opened at $234.02 on Tuesday. The company has a 50-day simple moving average of $255.29 and a 200-day simple moving average of $230.41. The company has a market capitalization of $23.18 billion, a PE ratio of 34.95 and a beta of 1.37. iShares U.S. Technology ETF has a 52-week low of $172.54 and a 52-week high of $274.44.
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.
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