2,117 Shares in iShares U.S. Technology ETF (NYSEARCA:IYW) Purchased by First American Bank

First American Bank bought a new position in iShares U.S. Technology ETF (NYSEARCA:IYW) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 2,117 shares of the exchange traded fund’s stock, valued at approximately $338,000.

Other institutional investors have also added to or reduced their stakes in the company. Howard Capital Management Group LLC increased its holdings in shares of iShares U.S. Technology ETF by 1.1% in the 3rd quarter. Howard Capital Management Group LLC now owns 208,920 shares of the exchange traded fund’s stock worth $31,677,000 after buying an additional 2,312 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its stake in shares of iShares U.S. Technology ETF by 30.5% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 5,873 shares of the exchange traded fund’s stock valued at $890,000 after purchasing an additional 1,373 shares in the last quarter. Integrated Advisors Network LLC bought a new stake in iShares U.S. Technology ETF in the third quarter worth $958,000. JFS Wealth Advisors LLC grew its stake in shares of iShares U.S. Technology ETF by 2.4% during the third quarter. JFS Wealth Advisors LLC now owns 15,831 shares of the exchange traded fund’s stock valued at $2,400,000 after buying an additional 366 shares during the last quarter. Finally, Financial Advocates Investment Management grew its position in iShares U.S. Technology ETF by 192.6% during the 3rd quarter. Financial Advocates Investment Management now owns 35,652 shares of the exchange traded fund’s stock worth $5,406,000 after acquiring an additional 23,469 shares during the last quarter.

iShares U.S. Technology ETF Stock Performance

Shares of iShares U.S. Technology ETF stock opened at $152.18 on Friday. iShares U.S. Technology ETF has a 52-week low of $124.32 and a 52-week high of $167.30. The company’s 50 day moving average price is $161.56 and its 200-day moving average price is $156.24. The stock has a market capitalization of $19.11 billion, a price-to-earnings ratio of 35.73 and a beta of 1.14.

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).