22,050 Shares of iShares U.S. Technology ETF $IYW Purchased by Money Concepts Capital Corp

Money Concepts Capital Corp acquired a new position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 22,050 shares of the exchange traded fund’s stock, valued at approximately $5,841,000.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. GKV Capital Management Co. Inc. purchased a new stake in shares of iShares U.S. Technology ETF in the third quarter worth approximately $206,000. Fisher Asset Management LLC acquired a new stake in shares of iShares U.S. Technology ETF during the third quarter worth approximately $783,000. CENTRAL TRUST Co purchased a new position in iShares U.S. Technology ETF during the third quarter valued at approximately $308,000. King Luther Capital Management Corp purchased a new position in iShares U.S. Technology ETF during the third quarter valued at approximately $724,000. Finally, UNIVEST FINANCIAL Corp acquired a new position in iShares U.S. Technology ETF in the 3rd quarter valued at approximately $1,201,000. Hedge funds and other institutional investors own 57.65% of the company’s stock.

iShares U.S. Technology ETF Stock Performance

iShares U.S. Technology ETF stock opened at $235.29 on Friday. iShares U.S. Technology ETF has a twelve month low of $172.54 and a twelve month high of $274.44. The firm has a market cap of $23.51 billion, a PE ratio of 26.89 and a beta of 1.37. The firm’s 50 day moving average price is $254.40 and its two-hundred day moving average price is $230.92.

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.