Silver Oak Securities Incorporated Takes $2.19 Million Position in iShares U.S. Technology ETF (NYSEARCA:IYW)

Silver Oak Securities Incorporated acquired a new position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) in the 3rd quarter, HoldingsChannel reports. The institutional investor acquired 14,564 shares of the exchange traded fund’s stock, valued at approximately $2,192,000.

A number of other institutional investors have also recently bought and sold shares of IYW. Rosenberg Matthew Hamilton increased its position in iShares U.S. Technology ETF by 133.8% in the 2nd quarter. Rosenberg Matthew Hamilton now owns 166 shares of the exchange traded fund’s stock worth $25,000 after purchasing an additional 95 shares during the last quarter. Central Bank & Trust Co. grew its stake in shares of iShares U.S. Technology ETF by 343.6% in the 2nd quarter. Central Bank & Trust Co. now owns 173 shares of the exchange traded fund’s stock valued at $26,000 after buying an additional 134 shares in the last quarter. VitalStone Financial LLC acquired a new position in iShares U.S. Technology ETF in the first quarter worth approximately $36,000. Chris Bulman Inc bought a new position in iShares U.S. Technology ETF during the second quarter valued at approximately $41,000. Finally, Cultivar Capital Inc. bought a new position in iShares U.S. Technology ETF during the second quarter valued at approximately $53,000.

iShares U.S. Technology ETF Stock Up 0.4 %

IYW stock opened at $154.39 on Friday. The firm has a 50 day moving average of $149.26 and a two-hundred day moving average of $144.49. iShares U.S. Technology ETF has a 12 month low of $100.84 and a 12 month high of $158.97. The company has a market capitalization of $18.97 billion, a price-to-earnings ratio of 38.84 and a beta of 1.43.

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).