Trek Financial LLC lifted its holdings in shares of iShares U.S. Technology ETF (NYSEARCA:IYW – Free Report) by 1,075.7% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 32,203 shares of the exchange traded fund’s stock after acquiring an additional 29,464 shares during the period. Trek Financial LLC’s holdings in iShares U.S. Technology ETF were worth $8,531,000 at the end of the most recent reporting period.
Other large investors have also recently made changes to their positions in the company. Go Invest LLC purchased a new stake in shares of iShares U.S. Technology ETF in the third quarter valued at about $30,000. WestEnd Advisors LLC purchased a new stake in iShares U.S. Technology ETF during the third quarter worth about $31,000. Bank Julius Baer & Co. Ltd Zurich acquired a new stake in shares of iShares U.S. Technology ETF during the 3rd quarter valued at approximately $36,000. Tompkins Financial Corp acquired a new stake in shares of iShares U.S. Technology ETF in the 3rd quarter worth approximately $40,000. Finally, Bangor Savings Bank acquired a new stake in shares of iShares U.S. Technology ETF in the 3rd quarter worth approximately $42,000. 57.65% of the stock is owned by institutional investors and hedge funds.
iShares U.S. Technology ETF Stock Performance
IYW opened at $242.67 on Monday. The company has a market cap of $23.68 billion, a price-to-earnings ratio of 34.95 and a beta of 1.35. iShares U.S. Technology ETF has a one year low of $172.54 and a one year high of $274.44. The business’s fifty day moving average is $257.04 and its two-hundred day moving average is $229.36.
About iShares U.S. Technology ETF
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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