First International Bank & Trust Takes Position in iShares U.S. Technology ETF (NYSEARCA:IYW)

First International Bank & Trust purchased a new position in iShares U.S. Technology ETF (NYSEARCA:IYW) in the third quarter, Holdings Channel.com reports. The institutional investor purchased 1,320 shares of the exchange traded fund’s stock, valued at approximately $200,000.

Several other institutional investors have also recently made changes to their positions in IYW. SeaCrest Wealth Management LLC grew its stake in shares of iShares U.S. Technology ETF by 9.7% in the 1st quarter. SeaCrest Wealth Management LLC now owns 6,319 shares of the exchange traded fund’s stock worth $853,000 after acquiring an additional 560 shares in the last quarter. Willner & Heller LLC bought a new position in shares of iShares U.S. Technology ETF in the 4th quarter worth $809,000. Kingswood Wealth Advisors LLC bought a new position in shares of iShares U.S. Technology ETF during the 1st quarter valued at about $274,000. Pettinga Financial Advisors LLC boosted its stake in shares of iShares U.S. Technology ETF by 3.7% in the 1st quarter. Pettinga Financial Advisors LLC now owns 71,480 shares of the exchange traded fund’s stock valued at $9,654,000 after purchasing an additional 2,555 shares in the last quarter. Finally, Oppenheimer & Co. Inc. grew its stake in shares of iShares U.S. Technology ETF by 1.2% during the first quarter. Oppenheimer & Co. Inc. now owns 7,281 shares of the exchange traded fund’s stock valued at $983,000 after buying an additional 85 shares during the last quarter.

iShares U.S. Technology ETF Trading Up 1.3 %

Shares of IYW stock traded up $1.95 during mid-day trading on Friday, reaching $151.66. The stock had a trading volume of 914,924 shares, compared to its average volume of 887,891. iShares U.S. Technology ETF has a 52-week low of $100.84 and a 52-week high of $158.97. The firm has a market capitalization of $18.63 billion, a PE ratio of 38.84 and a beta of 1.43. The stock’s 50-day moving average price is $145.28 and its two-hundred day moving average price is $142.59.

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).