Manchester Capital Management LLC acquired a new stake in iShares U.S. Technology ETF (NYSEARCA:IYW – Free Report) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 2,968 shares of the exchange traded fund’s stock, valued at approximately $786,000.
A number of other large investors have also modified their holdings of the business. The Manufacturers Life Insurance Company purchased a new position in iShares U.S. Technology ETF in the second quarter worth $200,579,000. First Heartland Consultants Inc. purchased a new stake in shares of iShares U.S. Technology ETF during the 3rd quarter worth $7,194,000. Goodman Advisory Group LLC purchased a new stake in shares of iShares U.S. Technology ETF during the 1st quarter worth $510,000. True North Advisors LLC purchased a new stake in shares of iShares U.S. Technology ETF during the 1st quarter worth $439,000. Finally, Three Seasons Wealth LLC grew its stake in shares of 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 worth $10,832,000 after purchasing an additional 41,236 shares during the period. 57.65% of the stock is owned by hedge funds and other institutional investors.
iShares U.S. Technology ETF Trading Up 0.4%
Shares of NYSEARCA:IYW traded up $0.96 on Friday, reaching $249.92. 1,021,554 shares of the company were exchanged, compared to its average volume of 1,067,895. iShares U.S. Technology ETF has a 1-year low of $172.54 and a 1-year high of $274.44. The firm has a market cap of $24.19 billion, a price-to-earnings ratio of 34.95 and a beta of 1.35. The company has a 50-day moving average of $256.82 and a 200-day moving average of $243.73.
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.
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