4,700 Shares of iShares U.S. Technology ETF $IYW Purchased by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. bought a new position in iShares U.S. Technology ETF (NYSEARCA:IYW) during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 4,700 shares of the exchange traded fund’s stock, valued at approximately $1,245,000.

Other hedge funds also recently made changes to their positions in the company. Go Invest LLC bought a new stake in iShares U.S. Technology ETF in the 3rd quarter worth approximately $30,000. WestEnd Advisors LLC purchased a new stake in shares of iShares U.S. Technology ETF during the 3rd quarter worth approximately $31,000. Tompkins Financial Corp bought a new position in shares of iShares U.S. Technology ETF during the 3rd quarter valued at approximately $40,000. Bangor Savings Bank bought a new position in shares of iShares U.S. Technology ETF during the 3rd quarter valued at approximately $42,000. Finally, Citizens National Bank Trust Department bought a new position in shares of iShares U.S. Technology ETF during the 1st quarter valued at approximately $31,000. 57.65% of the stock is currently owned by hedge funds and other institutional investors.

iShares U.S. Technology ETF Stock Performance

IYW stock opened at $227.07 on Monday. The firm has a fifty day moving average price of $255.64 and a 200 day moving average price of $230.22. iShares U.S. Technology ETF has a fifty-two week low of $172.54 and a fifty-two week high of $274.44. The firm has a market cap of $22.37 billion, a PE ratio of 34.95 and a beta of 1.37.

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.