iShares U.S. Technology ETF (NYSEARCA:IYW) Sees Unusually-High Trading Volume

iShares U.S. Technology ETF (NYSEARCA:IYW) shares saw an uptick in trading volume on Wednesday . 477,589 shares traded hands during mid-day trading, a decline of 46% from the previous session’s volume of 880,217 shares.The stock last traded at $153.31 and had previously closed at $153.06.

iShares U.S. Technology ETF Price Performance

The stock has a 50 day moving average price of $142.31 and a 200-day moving average price of $133.99. The stock has a market capitalization of $19.01 billion, a price-to-earnings ratio of 38.84 and a beta of 1.43.

Institutional Trading of iShares U.S. Technology ETF

A number of institutional investors have recently made changes to their positions in the company. Hudson Valley Investment Advisors Inc. ADV boosted its stake in shares of iShares U.S. Technology ETF by 5.2% in the second quarter. Hudson Valley Investment Advisors Inc. ADV now owns 5,040 shares of the exchange traded fund’s stock worth $759,000 after acquiring an additional 250 shares during the last quarter. GAMMA Investing LLC boosted its stake in iShares U.S. Technology ETF by 274.2% during the second quarter. GAMMA Investing LLC now owns 1,549 shares of the exchange traded fund’s stock worth $233,000 after buying an additional 1,135 shares during the last quarter. Keystone Financial Services boosted its stake in iShares U.S. Technology ETF by 6.9% during the first quarter. Keystone Financial Services now owns 52,379 shares of the exchange traded fund’s stock worth $7,074,000 after buying an additional 3,384 shares during the last quarter. Bush Investment Group LLC boosted its stake in iShares U.S. Technology ETF by 4.2% during the first quarter. Bush Investment Group LLC now owns 8,643 shares of the exchange traded fund’s stock worth $1,167,000 after buying an additional 351 shares during the last quarter. Finally, Jackson Wealth Management LLC boosted its stake in iShares U.S. Technology ETF by 1.8% during the first quarter. Jackson Wealth Management LLC now owns 42,922 shares of the exchange traded fund’s stock worth $5,797,000 after buying an additional 752 shares during the last quarter.

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).