iShares U.S. Technology ETF (NYSEARCA:IYW) Hits New 52-Week High at $151.50

Shares of iShares U.S. Technology ETF (NYSEARCA:IYW) hit a new 52-week high during trading on Monday . The stock traded as high as $151.50 and last traded at $151.50, with a volume of 1761 shares. The stock had previously closed at $151.08.

iShares U.S. Technology ETF Trading Up 0.5 %

The firm has a market cap of $18.85 billion, a PE ratio of 38.84 and a beta of 1.43. The firm’s 50 day simple moving average is $137.11 and its 200 day simple moving average is $131.42.

Institutional Trading of iShares U.S. Technology ETF

Hedge funds have recently bought and sold shares of the stock. Balentine LLC raised its position in shares of iShares U.S. Technology ETF by 72.7% during the 3rd quarter. Balentine LLC now owns 696 shares of the exchange traded fund’s stock valued at $73,000 after buying an additional 293 shares in the last quarter. Rathbones Group PLC purchased a new stake in shares of iShares U.S. Technology ETF during the 3rd quarter valued at about $2,445,000. Hsbc Holdings PLC raised its position in shares of iShares U.S. Technology ETF by 1,449.5% during the 3rd quarter. Hsbc Holdings PLC now owns 475,831 shares of the exchange traded fund’s stock valued at $49,924,000 after buying an additional 445,122 shares in the last quarter. Mariner LLC raised its position in shares of iShares U.S. Technology ETF by 0.6% during the 3rd quarter. Mariner LLC now owns 138,416 shares of the exchange traded fund’s stock valued at $14,522,000 after buying an additional 830 shares in the last quarter. Finally, Cary Street Partners Investment Advisory LLC raised its position in shares of iShares U.S. Technology ETF by 179.2% during the 3rd quarter. Cary Street Partners Investment Advisory LLC now owns 101,043 shares of the exchange traded fund’s stock valued at $10,601,000 after buying an additional 64,856 shares in the last quarter.

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).