15,075 Shares in iShares U.S. Technology ETF (NYSEARCA:IYW) Purchased by Benjamin Edwards Inc.

Benjamin Edwards Inc. acquired a new position in iShares U.S. Technology ETF (NYSEARCA:IYW) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 15,075 shares of the exchange traded fund’s stock, valued at approximately $2,287,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in IYW. Lantz Financial LLC grew its stake in iShares U.S. Technology ETF by 4.1% in the 2nd quarter. Lantz Financial LLC now owns 14,614 shares of the exchange traded fund’s stock worth $2,199,000 after acquiring an additional 581 shares in the last quarter. Lion Street Advisors LLC bought a new position in iShares U.S. Technology ETF in the 2nd quarter worth about $243,000. Sax Wealth Advisors LLC bought a new position in iShares U.S. Technology ETF in the 2nd quarter worth about $532,000. QRG Capital Management Inc. grew its stake in iShares U.S. Technology ETF by 52.9% in the 2nd quarter. QRG Capital Management Inc. now owns 2,500 shares of the exchange traded fund’s stock worth $376,000 after acquiring an additional 865 shares in the last quarter. Finally, Alterna Wealth Management Inc. grew its stake in iShares U.S. Technology ETF by 221.3% in the 2nd quarter. Alterna Wealth Management Inc. now owns 7,627 shares of the exchange traded fund’s stock worth $1,148,000 after acquiring an additional 5,253 shares in the last quarter.

iShares U.S. Technology ETF Price Performance

Shares of IYW stock opened at $165.53 on Thursday. The company has a market capitalization of $20.34 billion, a P/E ratio of 38.84 and a beta of 1.43. The company’s 50-day simple moving average is $155.67 and its two-hundred day simple moving average is $149.72. iShares U.S. Technology ETF has a one year low of $115.57 and a one year high of $165.57.

iShares U.S. Technology ETF 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).