Money Concepts Capital Corp Has $2.34 Million Stock Holdings in iShares U.S. Technology ETF $IYW

Money Concepts Capital Corp lifted its holdings in iShares U.S. Technology ETF (NYSEARCA:IYW) by 485.0% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 11,957 shares of the exchange traded fund’s stock after buying an additional 9,913 shares during the quarter. Money Concepts Capital Corp’s holdings in iShares U.S. Technology ETF were worth $2,342,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Bell Investment Advisors Inc bought a new position in shares of iShares U.S. Technology ETF in the second quarter worth about $25,000. Harbor Asset Planning Inc. acquired a new stake in shares of iShares U.S. Technology ETF in the second quarter valued at approximately $27,000. Bogart Wealth LLC increased its holdings in shares of iShares U.S. Technology ETF by 189.3% in the second quarter. Bogart Wealth LLC now owns 162 shares of the exchange traded fund’s stock valued at $28,000 after purchasing an additional 106 shares in the last quarter. Bangor Savings Bank bought a new position in iShares U.S. Technology ETF in the 3rd quarter worth approximately $31,000. Finally, Abound Wealth Management acquired a new position in iShares U.S. Technology ETF during the 3rd quarter worth $34,000. Institutional investors own 57.65% of the company’s stock.

iShares U.S. Technology ETF Stock Performance

Shares of IYW opened at $199.62 on Tuesday. The business’s fifty day moving average price is $200.33 and its two-hundred day moving average price is $194.34. The firm has a market capitalization of $20.86 billion, a price-to-earnings 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 $211.98.

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.