2,046 Shares in iShares U.S. Technology ETF $IYW Bought by RKL Wealth Management LLC

RKL Wealth Management LLC acquired a new position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 2,046 shares of the exchange traded fund’s stock, valued at approximately $542,000.

Other large investors have also recently bought and sold shares of the company. Peak Financial Management Inc. boosted its position in shares of iShares U.S. Technology ETF by 6.7% during the 3rd quarter. Peak Financial Management Inc. now owns 1,500 shares of the exchange traded fund’s stock worth $397,000 after purchasing an additional 94 shares in the last quarter. Eagle Strategies LLC grew its stake in shares of iShares U.S. Technology ETF by 6.0% during the 3rd quarter. Eagle Strategies LLC now owns 25,765 shares of the exchange traded fund’s stock worth $6,825,000 after purchasing an additional 1,463 shares during the period. Vontobel Holding Ltd. acquired a new position in shares of iShares U.S. Technology ETF during the 3rd quarter worth $424,000. Peddock Capital Advisors LLC acquired a new position in shares of iShares U.S. Technology ETF during the 3rd quarter worth $607,000. Finally, Cyndeo Wealth Partners LLC increased its holdings in shares of iShares U.S. Technology ETF by 1.0% in the 3rd quarter. Cyndeo Wealth Partners LLC now owns 6,628 shares of the exchange traded fund’s stock valued at $1,756,000 after purchasing an additional 63 shares in the last quarter. Hedge funds and other institutional investors own 57.65% of the company’s stock.

iShares U.S. Technology ETF Trading Down 2.9%

Shares of IYW traded down $7.46 during trading hours on Friday, reaching $251.24. The company had a trading volume of 984,968 shares, compared to its average volume of 1,075,354. iShares U.S. Technology ETF has a 12-month low of $172.54 and a 12-month high of $274.44. The firm has a 50 day simple moving average of $256.92 and a 200-day simple moving average of $241.26. The company has a market capitalization of $24.41 billion, a price-to-earnings ratio of 34.95 and a beta of 1.35.

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). 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.