57,486 Shares in iShares U.S. Technology ETF $IYW Purchased by Lido Advisors LLC

Lido Advisors LLC acquired a new stake in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 57,486 shares of the exchange traded fund’s stock, valued at approximately $15,228,000.

Other institutional investors have also modified their holdings of the company. Keybank National Association OH purchased a new stake in iShares U.S. Technology ETF during the 3rd quarter valued at $5,986,000. Cornerstone Wealth Management LLC boosted its stake in iShares U.S. Technology ETF by 5.5% during the third quarter. Cornerstone Wealth Management LLC now owns 25,189 shares of the exchange traded fund’s stock worth $6,673,000 after buying an additional 1,319 shares during the period. Csenge Advisory Group boosted its stake in iShares U.S. Technology ETF by 6.2% during the third quarter. Csenge Advisory Group now owns 10,158 shares of the exchange traded fund’s stock worth $2,691,000 after buying an additional 590 shares during the period. Simplex Trading LLC purchased a new position in iShares U.S. Technology ETF during the third quarter worth $2,581,000. Finally, Palacios Wealth Management LLC purchased a new position in iShares U.S. Technology ETF during the third quarter worth $220,000. 57.65% of the stock is owned by institutional investors.

iShares U.S. Technology ETF Stock Up 2.6%

IYW stock opened at $236.70 on Thursday. iShares U.S. Technology ETF has a twelve month low of $172.54 and a twelve month high of $274.44. The stock has a market capitalization of $23.58 billion, a price-to-earnings ratio of 26.89 and a beta of 1.37. The firm’s fifty day simple moving average is $254.66 and its two-hundred day simple moving average is $230.75.

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.