iShares U.S. Technology ETF (NYSEARCA:IYW – Get Free Report)’s share price reached a new 52-week high during trading on Tuesday. The stock traded as high as $272.23 and last traded at $271.63, with a volume of 461178 shares traded. The stock had previously closed at $269.69.
iShares U.S. Technology ETF Stock Performance
The firm has a market cap of $27.18 billion, a price-to-earnings ratio of 34.95 and a beta of 1.35. The business’s 50 day moving average price is $254.68 and its 200 day moving average price is $237.73.
Institutional Trading of iShares U.S. Technology ETF
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Monetary Solutions Ltd acquired a new position in shares of iShares U.S. Technology ETF in the fourth quarter worth about $26,000. Sankala Group LLC purchased a new position in shares of iShares U.S. Technology ETF in the 4th quarter valued at about $26,000. Citizens National Bank Trust Department acquired a new position in iShares U.S. Technology ETF in the 1st quarter worth about $31,000. Nalls Sherbakoff Group LLC acquired a new position in iShares U.S. Technology ETF in the 4th quarter worth about $40,000. Finally, Tompkins Financial Corp purchased a new position in iShares U.S. Technology ETF during the third quarter worth approximately $40,000. Institutional investors and hedge funds own 57.65% of the company’s stock.
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). 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.
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