Rehmann Capital Advisory Group Takes Position in iShares U.S. Technology ETF (NYSEARCA:IYW)

Rehmann Capital Advisory Group bought a new position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 1,536 shares of the exchange traded fund’s stock, valued at approximately $207,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of IYW. Headinvest LLC purchased a new position in shares of iShares U.S. Technology ETF in the 3rd quarter valued at about $42,000. Tidemark LLC purchased a new position in iShares U.S. Technology ETF in the fourth quarter valued at approximately $50,000. GAMMA Investing LLC acquired a new stake in iShares U.S. Technology ETF during the fourth quarter worth approximately $52,000. Park Place Capital Corp lifted its position in shares of iShares U.S. Technology ETF by 51.4% during the 4th quarter. Park Place Capital Corp now owns 477 shares of the exchange traded fund’s stock worth $59,000 after buying an additional 162 shares during the last quarter. Finally, LifeSteps Financial Inc. acquired a new position in shares of iShares U.S. Technology ETF in the 1st quarter valued at $70,000.

iShares U.S. Technology ETF Trading Up 1.4 %

NYSEARCA:IYW traded up $2.17 during midday trading on Wednesday, hitting $158.82. 534,507 shares of the company were exchanged, compared to its average volume of 873,555. iShares U.S. Technology ETF has a fifty-two week low of $100.84 and a fifty-two week high of $158.82. The company has a market capitalization of $19.51 billion, a PE ratio of 38.84 and a beta of 1.43. The company has a fifty day simple moving average of $143.90 and a 200 day simple moving average of $134.88.

About iShares U.S. Technology ETF

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).