Sei Investments Co. Buys New Stake in iShares U.S. Technology ETF $IYW

Sei Investments Co. bought a new stake in iShares U.S. Technology ETF (NYSEARCA:IYW) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 3,710 shares of the exchange traded fund’s stock, valued at approximately $673,000.

Other institutional investors also recently bought and sold shares of the company. Monetary Solutions Ltd acquired a new position in shares of iShares U.S. Technology ETF during the fourth quarter worth $26,000. Sankala Group LLC acquired a new stake in shares of iShares U.S. Technology ETF in the 4th quarter worth $26,000. Miller Capital Partners Inc. acquired a new stake in shares of iShares U.S. Technology ETF in the 4th quarter worth $28,000. Triumph Capital Management purchased a new position in iShares U.S. Technology ETF during the 3rd quarter worth $28,000. Finally, Citizens National Bank Trust Department purchased a new position in iShares U.S. Technology ETF during the 1st quarter worth $31,000. 57.65% of the stock is currently owned by institutional investors and hedge funds.

iShares U.S. Technology ETF Price Performance

Shares of NYSEARCA:IYW opened at $255.50 on Friday. The business’s 50-day moving average is $245.48 and its 200 day moving average is $220.59. iShares U.S. Technology ETF has a 1 year low of $172.54 and a 1 year high of $261.01. The firm has a market capitalization of $25.31 billion, a P/E ratio of 34.95 and a beta of 1.36.

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.