Carnegie Investment Counsel bought a new position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW – Free Report) in the 3rd quarter, HoldingsChannel reports. The fund bought 26,078 shares of the exchange traded fund’s stock, valued at approximately $6,908,000.
A number of other institutional investors have also made changes to their positions in the stock. Wagner Wealth Management Corp acquired a new stake in iShares U.S. Technology ETF in the 3rd quarter valued at approximately $2,117,000. Diversify Advisory Services LLC grew its stake in shares of iShares U.S. Technology ETF by 367.8% in the third quarter. Diversify Advisory Services LLC now owns 47,658 shares of the exchange traded fund’s stock valued at $12,329,000 after buying an additional 37,470 shares in the last quarter. Prime Capital Investment Advisors LLC grew its stake in shares of iShares U.S. Technology ETF by 8.5% in the third quarter. Prime Capital Investment Advisors LLC now owns 51,851 shares of the exchange traded fund’s stock valued at $13,735,000 after buying an additional 4,049 shares in the last quarter. Dagco Inc. raised its holdings in shares of iShares U.S. Technology ETF by 13.7% in the 3rd quarter. Dagco Inc. now owns 6,942 shares of the exchange traded fund’s stock valued at $1,839,000 after buying an additional 835 shares during the period. Finally, HT Partners LLC purchased a new stake in shares of iShares U.S. Technology ETF in the 3rd quarter valued at $692,000. 57.65% of the stock is currently owned by institutional investors and hedge funds.
iShares U.S. Technology ETF Price Performance
NYSEARCA IYW opened at $257.06 on Thursday. The company has a market cap of $24.97 billion, a P/E ratio of 34.95 and a beta of 1.35. The stock has a 50-day moving average of $257.09 and a two-hundred day moving average of $243.24. iShares U.S. Technology ETF has a 1-year low of $172.54 and a 1-year high of $274.44.
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.
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