6,643 iShares U.S. Technology ETF $IYW Shares Bought by Castle Rock Wealth Management LLC

Castle Rock Wealth Management LLC lifted its stake in iShares U.S. Technology ETF (NYSEARCA:IYW) by 60.4% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 17,645 shares of the exchange traded fund’s stock after acquiring an additional 6,643 shares during the period. iShares U.S. Technology ETF accounts for about 0.9% of Castle Rock Wealth Management LLC’s investment portfolio, making the stock its 23rd largest position. Castle Rock Wealth Management LLC’s holdings in iShares U.S. Technology ETF were worth $4,810,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of the company. Monetary Solutions Ltd bought a new stake in shares of iShares U.S. Technology ETF during the 4th quarter worth $26,000. Sankala Group LLC bought a new stake in shares of iShares U.S. Technology ETF in the fourth quarter valued at approximately $26,000. Go Invest LLC bought a new stake in shares of iShares U.S. Technology ETF in the third quarter valued at approximately $30,000. Citizens National Bank Trust Department bought a new position in iShares U.S. Technology ETF during the first quarter worth $31,000. Finally, Nalls Sherbakoff Group LLC acquired a new position in iShares U.S. Technology ETF during the 4th quarter valued at $40,000. Institutional investors own 57.65% of the company’s stock.

iShares U.S. Technology ETF Stock Up 0.5%

NYSEARCA IYW traded up $1.43 during midday trading on Friday, hitting $269.01. The company had a trading volume of 405,699 shares, compared to its average volume of 1,082,228. The stock has a market cap of $26.93 billion, a price-to-earnings ratio of 34.95 and a beta of 1.35. The firm has a fifty day simple moving average of $255.29 and a two-hundred day simple moving average of $238.32. iShares U.S. Technology ETF has a fifty-two week low of $172.54 and a fifty-two week 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.