ELCO Management Co. LLC bought a new position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW – Free Report) during the second quarter, HoldingsChannel reports. The institutional investor bought 1,600 shares of the exchange traded fund’s stock, valued at approximately $277,000.
A number of other hedge funds have also recently bought and sold shares of IYW. Harbor Asset Planning Inc. acquired a new position in iShares U.S. Technology ETF during the second quarter worth about $27,000. Bogart Wealth LLC grew its holdings in iShares U.S. Technology ETF by 189.3% during the second 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 period. Park Square Financial Group LLC grew its holdings in iShares U.S. Technology ETF by 588.2% during the first quarter. Park Square Financial Group LLC now owns 234 shares of the exchange traded fund’s stock worth $33,000 after acquiring an additional 200 shares during the period. Accredited Wealth Management LLC acquired a new position in iShares U.S. Technology ETF during the first quarter worth about $33,000. Finally, Private Wealth Asset Management LLC acquired a new position in iShares U.S. Technology ETF during the second quarter worth about $39,000. 57.65% of the stock is owned by institutional investors and hedge funds.
iShares U.S. Technology ETF Stock Up 1.0%
NYSEARCA:IYW opened at $209.34 on Wednesday. The business’s 50-day moving average price is $191.96 and its 200 day moving average price is $173.68. The firm has a market cap of $22.32 billion, a P/E ratio of 34.95 and a beta of 1.23. iShares U.S. Technology ETF has a 52-week low of $117.55 and a 52-week high of $210.16.
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).
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Want to see what other hedge funds are holding IYW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares U.S. Technology ETF (NYSEARCA:IYW – Free Report).
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