6,788 Shares in iShares U.S. Technology ETF $IYW Bought by StoneX Group Inc.

StoneX Group Inc. acquired a new stake in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 6,788 shares of the exchange traded fund’s stock, valued at approximately $1,713,000.

A number of other hedge funds have also recently bought and sold shares of the company. The Manufacturers Life Insurance Company acquired a new position in iShares U.S. Technology ETF in the 2nd quarter valued at $200,579,000. Commonwealth Equity Services LLC purchased a new stake in shares of iShares U.S. Technology ETF in the third quarter valued at $150,156,000. First Merchants Corp purchased a new stake in shares of iShares U.S. Technology ETF in the third quarter valued at $42,477,000. Patton Albertson Miller Group LLC purchased a new stake in shares of iShares U.S. Technology ETF in the third quarter valued at $28,437,000. Finally, Capital Investment Advisors LLC acquired a new position in iShares U.S. Technology ETF in the third quarter valued at $27,180,000. Institutional investors and hedge funds own 57.65% of the company’s stock.

iShares U.S. Technology ETF Trading Up 3.1%

iShares U.S. Technology ETF stock opened at $234.02 on Tuesday. The stock has a fifty day moving average price of $255.29 and a 200 day moving average price of $230.41. iShares U.S. Technology ETF has a 52 week low of $172.54 and a 52 week high of $274.44. The firm has a market capitalization of $23.18 billion, a P/E ratio of 34.95 and a beta of 1.37.

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.