Money Concepts Capital Corp Buys 9,913 Shares of iShares U.S. Technology ETF $IYW

Money Concepts Capital Corp lifted its position in iShares U.S. Technology ETF (NYSEARCA:IYW) by 485.0% during the third quarter, HoldingsChannel.com reports. The fund owned 11,957 shares of the exchange traded fund’s stock after purchasing an additional 9,913 shares during the period. Money Concepts Capital Corp’s holdings in iShares U.S. Technology ETF were worth $2,342,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. AQR Capital Management LLC grew its holdings in shares of iShares U.S. Technology ETF by 58.1% in the 1st quarter. AQR Capital Management LLC now owns 10,066 shares of the exchange traded fund’s stock valued at $1,414,000 after buying an additional 3,699 shares during the period. Accel Wealth Management acquired a new position in iShares U.S. Technology ETF in the second quarter valued at about $266,000. Wealthcare Advisory Partners LLC increased its holdings in shares of iShares U.S. Technology ETF by 21.5% in the second quarter. Wealthcare Advisory Partners LLC now owns 6,973 shares of the exchange traded fund’s stock worth $1,208,000 after acquiring an additional 1,234 shares in the last quarter. MBL Wealth LLC bought a new stake in shares of iShares U.S. Technology ETF in the second quarter worth about $230,000. Finally, OLD National Bancorp IN acquired a new stake in shares of iShares U.S. Technology ETF during the second quarter worth about $590,000. Institutional investors own 57.65% of the company’s stock.

iShares U.S. Technology ETF Stock Performance

Shares of IYW opened at $199.62 on Tuesday. The stock has a 50 day simple moving average of $200.33 and a 200 day simple moving average of $194.34. iShares U.S. Technology ETF has a 52-week low of $117.55 and a 52-week high of $211.98. The firm has a market capitalization of $20.86 billion, a PE ratio of 34.95 and a beta of 1.23.

About iShares U.S. Technology ETF

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.