Sharkey Howes & Javer Makes New Investment in iShares U.S. Technology ETF $IYW

Sharkey Howes & Javer purchased a new position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 2,967 shares of the exchange traded fund’s stock, valued at approximately $786,000.

Several other institutional investors have also modified their holdings of the company. Go Invest LLC bought a new position in iShares U.S. Technology ETF in the 3rd quarter worth about $30,000. Citizens National Bank Trust Department acquired a new stake in shares of iShares U.S. Technology ETF in the first quarter valued at approximately $31,000. Tompkins Financial Corp acquired a new stake in shares of iShares U.S. Technology ETF in the third quarter valued at approximately $40,000. Bangor Savings Bank bought a new stake in shares of iShares U.S. Technology ETF during the third quarter valued at approximately $42,000. Finally, Grove Bank & Trust bought a new stake in shares of iShares U.S. Technology ETF during the second quarter valued at approximately $55,000. Institutional investors own 57.65% of the company’s stock.

iShares U.S. Technology ETF Price Performance

Shares of IYW stock opened at $248.96 on Friday. iShares U.S. Technology ETF has a 12-month low of $172.54 and a 12-month high of $274.44. The firm has a market capitalization of $24.10 billion, a price-to-earnings ratio of 34.95 and a beta of 1.35. The business has a 50 day simple moving average of $256.93 and a 200 day simple moving average of $243.69.

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). 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.