Earned Wealth Advisors LLC acquired a new stake in shares of iShares U.S. Technology ETF (NYSEARCA:IYW – Free Report) in the first quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 11,301 shares of the exchange traded fund’s stock, valued at approximately $2,050,000.
Other large investors also recently bought and sold shares of the company. Scarborough Advisors LLC purchased a new position in shares of iShares U.S. Technology ETF in the 1st quarter valued at $474,000. True North Advisors LLC purchased a new stake in shares of iShares U.S. Technology ETF during the 1st quarter worth $439,000. World Equity Group Inc. boosted its position in iShares U.S. Technology ETF by 14.6% during the first quarter. World Equity Group Inc. now owns 3,269 shares of the exchange traded fund’s stock valued at $593,000 after purchasing an additional 417 shares in the last quarter. WealthTrust Asset Management LLC boosted its position in iShares U.S. Technology ETF by 27.1% during the first quarter. WealthTrust Asset Management LLC now owns 1,331 shares of the exchange traded fund’s stock valued at $241,000 after purchasing an additional 284 shares in the last quarter. Finally, Assetmark Inc. grew its stake in iShares U.S. Technology ETF by 19.9% in the first quarter. Assetmark Inc. now owns 149,687 shares of the exchange traded fund’s stock valued at $27,156,000 after purchasing an additional 24,859 shares during the last quarter. Hedge funds and other institutional investors own 57.65% of the company’s stock.
iShares U.S. Technology ETF Price Performance
IYW opened at $239.24 on Monday. The firm has a market capitalization of $24.06 billion, a PE ratio of 34.95 and a beta of 1.35. The business’s 50-day moving average is $245.67 and its two-hundred day moving average is $214.46. iShares U.S. Technology ETF has a 1 year low of $172.54 and a 1 year high of $261.01.
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.
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