10,230 Shares in iShares U.S. Technology ETF $IYW Bought by Sonata Capital Group Inc.

Sonata Capital Group Inc. acquired a new stake in shares of iShares U.S. Technology ETF (NYSEARCA:IYW – Free Report) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 10,230 shares of the exchange traded fund’s stock, valued at approximately $2,710,000. iShares U.S. Technology ETF comprises 0.9% of Sonata Capital Group Inc.’s holdings, making the stock its 28th biggest holding.

Other large investors have also added to or reduced their stakes in the company. The Manufacturers Life Insurance Company purchased a new position in iShares U.S. Technology ETF in the 2nd quarter worth approximately $200,579,000. First Heartland Consultants Inc. bought a new position in iShares U.S. Technology ETF in the 3rd quarter valued at approximately $7,194,000. Goodman Advisory Group LLC bought a new position in iShares U.S. Technology ETF in the 1st quarter valued at approximately $510,000. Three Seasons Wealth LLC boosted its stake in iShares U.S. Technology ETF by 2,412.9% during the 2nd quarter. Three Seasons Wealth LLC now owns 42,945 shares of the exchange traded fund’s stock valued at $10,832,000 after purchasing an additional 41,236 shares during the last quarter. Finally, True North Advisors LLC purchased a new stake in iShares U.S. Technology ETF during the 1st quarter valued at $439,000. Hedge funds and other institutional investors own 57.65% of the company’s stock.

iShares U.S. Technology ETF Stock Up 1.3%

Shares of iShares U.S. Technology ETF stock traded up $3.35 on Monday, reaching $254.59. The company’s stock had a trading volume of 290,809 shares, compared to its average volume of 1,071,387. The company has a market capitalization of $24.73 billion, a price-to-earnings ratio of 34.95 and a beta of 1.35. The firm’s fifty day simple moving average is $256.92 and its two-hundred day simple moving average is $241.73. iShares U.S. Technology ETF has a 52 week low of $172.54 and a 52 week high of $274.44.

About iShares U.S. Technology ETF

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for iShares U.S. Technology ETF (NYSEARCA:IYW)

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