Comerica Bank decreased its holdings in shares of iShares U.S. Technology ETF (NYSEARCA:IYW – Free Report) by 8.1% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 50,349 shares of the exchange traded fund’s stock after selling 4,432 shares during the quarter. Comerica Bank’s holdings in iShares U.S. Technology ETF were worth $7,071,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Hoey Investments Inc. acquired a new stake in iShares U.S. Technology ETF during the first quarter worth about $27,000. Trust Co. of Vermont acquired a new stake in iShares U.S. Technology ETF during the first quarter worth about $30,000. Park Square Financial Group LLC raised its stake in iShares U.S. Technology ETF by 588.2% during the first quarter. Park Square Financial Group LLC now owns 234 shares of the exchange traded fund’s stock worth $33,000 after acquiring an additional 200 shares during the period. Accredited Wealth Management LLC acquired a new stake in iShares U.S. Technology ETF during the first quarter worth about $33,000. Finally, Tidemark LLC raised its stake in iShares U.S. Technology ETF by 56.0% during the first quarter. Tidemark LLC now owns 301 shares of the exchange traded fund’s stock worth $42,000 after acquiring an additional 108 shares during the period. Institutional investors and hedge funds own 57.65% of the company’s stock.
iShares U.S. Technology ETF Trading Up 0.5%
NYSEARCA IYW opened at $182.85 on Thursday. iShares U.S. Technology ETF has a 52 week low of $117.55 and a 52 week high of $186.63. The stock has a market cap of $22.87 billion, a price-to-earnings ratio of 34.95 and a beta of 1.15. The company has a 50-day moving average price of $177.74 and a two-hundred day moving average price of $159.58.
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).
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