Benjamin Edwards Inc. Takes $2.29 Million Position in iShares U.S. Technology ETF (NYSEARCA:IYW)

Benjamin Edwards Inc. acquired a new stake in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) during the third quarter, HoldingsChannel reports. The fund acquired 15,075 shares of the exchange traded fund’s stock, valued at approximately $2,287,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Rosenberg Matthew Hamilton boosted its stake in iShares U.S. Technology ETF by 133.8% in the second quarter. Rosenberg Matthew Hamilton now owns 166 shares of the exchange traded fund’s stock valued at $25,000 after acquiring an additional 95 shares in the last quarter. Central Bank & Trust Co. boosted its stake in iShares U.S. Technology ETF by 343.6% in the second quarter. Central Bank & Trust Co. now owns 173 shares of the exchange traded fund’s stock valued at $26,000 after acquiring an additional 134 shares in the last quarter. Phillips Financial Management LLC boosted its stake in iShares U.S. Technology ETF by 1,545.5% in the third quarter. Phillips Financial Management LLC now owns 181 shares of the exchange traded fund’s stock valued at $27,000 after acquiring an additional 170 shares in the last quarter. Chris Bulman Inc acquired a new stake in iShares U.S. Technology ETF in the second quarter valued at approximately $41,000. Finally, Activest Wealth Management acquired a new stake in iShares U.S. Technology ETF in the third quarter valued at approximately $52,000.

iShares U.S. Technology ETF Stock Up 2.1 %

Shares of IYW opened at $165.53 on Thursday. The company has a market cap of $20.34 billion, a price-to-earnings ratio of 38.84 and a beta of 1.43. iShares U.S. Technology ETF has a twelve month low of $115.57 and a twelve month high of $165.57. The company has a 50 day moving average of $155.67 and a two-hundred day moving average of $149.72.

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).