84,859 Shares in iShares U.S. Technology ETF (NYSEARCA:IYW) Bought by Strategic Financial Concepts LLC

Strategic Financial Concepts LLC purchased a new position in iShares U.S. Technology ETF (NYSEARCA:IYW) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 84,859 shares of the exchange traded fund’s stock, valued at approximately $128,000. Strategic Financial Concepts LLC owned about 0.07% of iShares U.S. Technology ETF as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the stock. Envestnet Asset Management Inc. increased its stake in iShares U.S. Technology ETF by 38.6% in the fourth quarter. Envestnet Asset Management Inc. now owns 10,523,831 shares of the exchange traded fund’s stock worth $1,291,800,000 after purchasing an additional 2,928,731 shares during the period. Dynasty Wealth Management LLC purchased a new stake in iShares U.S. Technology ETF in the first quarter worth $119,223,000. Cetera Investment Advisers increased its stake in iShares U.S. Technology ETF by 131.6% in the first quarter. Cetera Investment Advisers now owns 743,002 shares of the exchange traded fund’s stock worth $100,350,000 after purchasing an additional 422,212 shares during the period. 1832 Asset Management L.P. increased its stake in iShares U.S. Technology ETF by 6,689.2% in the first quarter. 1832 Asset Management L.P. now owns 373,406 shares of the exchange traded fund’s stock worth $50,432,000 after purchasing an additional 367,906 shares during the period. Finally, FIL Ltd increased its stake in iShares U.S. Technology ETF by 33.2% in the fourth quarter. FIL Ltd now owns 1,456,287 shares of the exchange traded fund’s stock worth $178,759,000 after purchasing an additional 363,201 shares during the period.

iShares U.S. Technology ETF Stock Up 1.1 %

IYW stock opened at $140.95 on Wednesday. The business’s fifty day simple moving average is $146.58 and its two-hundred day simple moving average is $140.79. iShares U.S. Technology ETF has a twelve month low of $100.84 and a twelve month high of $158.97. The firm has a market cap of $17.32 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).