Wagner Wealth Management Corp Makes New Investment in iShares U.S. Technology ETF $IYW

Wagner Wealth Management Corp acquired a new position in iShares U.S. Technology ETF (NYSEARCA:IYW) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 7,992 shares of the exchange traded fund’s stock, valued at approximately $2,117,000. iShares U.S. Technology ETF makes up 1.7% of Wagner Wealth Management Corp’s portfolio, making the stock its 22nd biggest holding.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Go Invest LLC acquired a new stake in iShares U.S. Technology ETF in the third quarter valued at $30,000. Citizens National Bank Trust Department purchased a new stake in shares of iShares U.S. Technology ETF during the 1st quarter worth $31,000. Tompkins Financial Corp acquired a new position in shares of iShares U.S. Technology ETF during the 3rd quarter worth $40,000. Bangor Savings Bank acquired a new position in shares of iShares U.S. Technology ETF during the 3rd quarter worth $42,000. Finally, Grove Bank & Trust acquired a new position in shares of iShares U.S. Technology ETF during the 2nd quarter worth $55,000. Institutional investors and hedge funds own 57.65% of the company’s stock.

iShares U.S. Technology ETF Stock Down 0.4%

Shares of IYW opened at $253.34 on Wednesday. The company has a 50-day simple moving average of $257.01 and a 200-day simple moving average of $242.73. The company has a market capitalization of $24.61 billion, a PE ratio of 34.95 and a beta of 1.35. iShares U.S. Technology ETF has a 52-week low of $172.54 and a 52-week high of $274.44.

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.