Moulton Wealth Management Inc. Takes Position in iShares U.S. Technology ETF $IYW

Moulton Wealth Management Inc. purchased a new position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) during the third quarter, Holdings Channel reports. The firm purchased 14,493 shares of the exchange traded fund’s stock, valued at approximately $2,839,000. iShares U.S. Technology ETF comprises about 2.1% of Moulton Wealth Management Inc.’s holdings, making the stock its 12th largest holding.

Other large investors also recently bought and sold shares of the company. Bell Investment Advisors Inc purchased a new position in iShares U.S. Technology ETF in the 2nd quarter worth approximately $25,000. Harbor Asset Planning Inc. purchased a new stake in iShares U.S. Technology ETF in the 2nd quarter valued at $27,000. Bogart Wealth LLC increased its stake in shares of iShares U.S. Technology ETF by 189.3% in the 2nd quarter. Bogart Wealth LLC now owns 162 shares of the exchange traded fund’s stock worth $28,000 after acquiring an additional 106 shares during the last quarter. Accredited Wealth Management LLC purchased a new position in shares of iShares U.S. Technology ETF during the 1st quarter worth $33,000. Finally, Tsfg LLC boosted its position in shares of iShares U.S. Technology ETF by 35.4% during the 2nd quarter. Tsfg LLC now owns 222 shares of the exchange traded fund’s stock valued at $38,000 after acquiring an additional 58 shares during the last quarter. Hedge funds and other institutional investors own 57.65% of the company’s stock.

iShares U.S. Technology ETF Trading Down 2.1%

Shares of IYW opened at $193.00 on Thursday. iShares U.S. Technology ETF has a 12-month low of $117.55 and a 12-month high of $211.98. The firm has a market capitalization of $20.81 billion, a P/E ratio of 34.95 and a beta of 1.23. The firm has a 50-day moving average price of $199.98 and a 200 day moving average price of $186.95.

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).