iShares U.S. Technology ETF (NYSEARCA:IYW) Sets New 52-Week High at $155.47

iShares U.S. Technology ETF (NYSEARCA:IYW)’s stock price hit a new 52-week high during trading on Friday . The stock traded as high as $155.47 and last traded at $155.20, with a volume of 30957 shares trading hands. The stock had previously closed at $154.75.

iShares U.S. Technology ETF Price Performance

The firm’s 50 day moving average is $142.31 and its 200 day moving average is $133.99. The company has a market cap of $19.13 billion, a PE ratio of 38.84 and a beta of 1.43.

Hedge Funds Weigh In On iShares U.S. Technology ETF

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Envestnet Asset Management Inc. boosted its stake in shares of iShares U.S. Technology ETF by 38.6% in the 4th quarter. Envestnet Asset Management Inc. now owns 10,523,831 shares of the exchange traded fund’s stock valued at $1,291,800,000 after purchasing an additional 2,928,731 shares in the last quarter. UBS Group AG boosted its stake in shares of iShares U.S. Technology ETF by 8.1% in the 4th quarter. UBS Group AG now owns 2,129,589 shares of the exchange traded fund’s stock valued at $261,407,000 after purchasing an additional 160,092 shares in the last quarter. FIL Ltd boosted its stake in shares of iShares U.S. Technology ETF by 33.2% in the 4th quarter. FIL Ltd now owns 1,456,287 shares of the exchange traded fund’s stock valued at $178,759,000 after purchasing an additional 363,201 shares in the last quarter. Envestnet Portfolio Solutions Inc. boosted its stake in shares of iShares U.S. Technology ETF by 8.1% in the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 1,360,028 shares of the exchange traded fund’s stock valued at $183,685,000 after purchasing an additional 102,269 shares in the last quarter. Finally, CWM LLC boosted its stake in shares of iShares U.S. Technology ETF by 8.8% in the 1st quarter. CWM LLC now owns 1,173,803 shares of the exchange traded fund’s stock valued at $158,534,000 after purchasing an additional 95,066 shares in the last quarter.

iShares U.S. Technology ETF Company 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).