iShares U.S. Technology ETF (NYSEARCA:IYW – Get Free Report) reached a new 52-week high during trading on Thursday . The company traded as high as $160.08 and last traded at $159.74, with a volume of 55422 shares. The stock had previously closed at $157.95.
iShares U.S. Technology ETF Trading Up 1.7 %
The company has a market capitalization of $19.74 billion, a PE ratio of 38.84 and a beta of 1.43. The stock’s fifty day moving average is $150.31 and its two-hundred day moving average is $146.01.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Rosenberg Matthew Hamilton grew its holdings in iShares U.S. Technology ETF by 133.8% during the second quarter. Rosenberg Matthew Hamilton now owns 166 shares of the exchange traded fund’s stock valued at $25,000 after purchasing an additional 95 shares during the period. Central Bank & Trust Co. grew its stake in shares of iShares U.S. Technology ETF by 343.6% during the 2nd quarter. Central Bank & Trust Co. now owns 173 shares of the exchange traded fund’s stock worth $26,000 after acquiring an additional 134 shares during the period. Phillips Financial Management LLC raised its stake in iShares U.S. Technology ETF by 1,545.5% in the 3rd quarter. Phillips Financial Management LLC now owns 181 shares of the exchange traded fund’s stock valued at $27,000 after acquiring an additional 170 shares during the period. VitalStone Financial LLC purchased a new stake in iShares U.S. Technology ETF during the first quarter valued at about $36,000. Finally, Chris Bulman Inc purchased a new stake in iShares U.S. Technology ETF during the second quarter valued at about $41,000.
About iShares U.S. Technology ETF
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).
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