Money Concepts Capital Corp Has $3.60 Million Position in iShares U.S. Technology ETF $IYW

Money Concepts Capital Corp grew its stake in iShares U.S. Technology ETF (NYSEARCA:IYW) by 56.3% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 19,855 shares of the exchange traded fund’s stock after acquiring an additional 7,152 shares during the quarter. Money Concepts Capital Corp’s holdings in iShares U.S. Technology ETF were worth $3,602,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of IYW. Monetary Solutions Ltd acquired a new stake in iShares U.S. Technology ETF in the fourth quarter worth $26,000. Sankala Group LLC acquired a new position in shares of iShares U.S. Technology ETF in the 4th quarter valued at $26,000. Triumph Capital Management acquired a new position in shares of iShares U.S. Technology ETF in the 3rd quarter valued at $28,000. Miller Capital Partners Inc. bought a new stake in shares of iShares U.S. Technology ETF in the 4th quarter valued at $28,000. Finally, Kingdom Financial Group LLC. bought a new stake in shares of iShares U.S. Technology ETF in the 4th quarter valued at $32,000. 57.65% of the stock is currently owned by institutional investors and hedge funds.

iShares U.S. Technology ETF Trading Up 1.7%

Shares of iShares U.S. Technology ETF stock opened at $249.28 on Friday. The company has a market capitalization of $25.08 billion, a PE ratio of 34.95 and a beta of 1.35. iShares U.S. Technology ETF has a 12 month low of $172.54 and a 12 month high of $261.01. The stock’s fifty day simple moving average is $243.44 and its 200 day simple moving average is $212.63.

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.