Amicus Financial Advisors LLC Takes $755,000 Position in iShares U.S. Technology ETF $IYW

Amicus Financial Advisors LLC bought a new position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 3,780 shares of the exchange traded fund’s stock, valued at approximately $755,000.

Several other hedge funds and other institutional investors also recently modified their holdings of IYW. Monetary Solutions Ltd purchased a new stake in iShares U.S. Technology ETF in the 4th quarter valued at approximately $26,000. Triumph Capital Management purchased a new position in shares of iShares U.S. Technology ETF during the 3rd quarter worth approximately $28,000. Miller Capital Partners Inc. acquired a new position in shares of iShares U.S. Technology ETF during the 4th quarter worth approximately $28,000. Kingdom Financial Group LLC. acquired a new position in shares of iShares U.S. Technology ETF during the 4th quarter worth approximately $32,000. Finally, Beacon Financial Strategies CORP acquired a new position in shares of iShares U.S. Technology ETF during the 4th quarter worth approximately $41,000. 57.65% of the stock is currently owned by hedge funds and other institutional investors.

iShares U.S. Technology ETF Stock Performance

Shares of NYSEARCA:IYW opened at $253.57 on Friday. The business’s fifty day moving average price is $232.73 and its two-hundred day moving average price is $208.07. The stock has a market cap of $24.94 billion, a PE ratio of 34.95 and a beta of 1.36. iShares U.S. Technology ETF has a one year low of $162.98 and a one year high of $261.01.

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.