Activest Wealth Management Takes $52,000 Position in iShares U.S. Technology ETF (NYSEARCA:IYW)

Activest Wealth Management bought a new position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) during the third quarter, Holdings Channel.com reports. The firm bought 345 shares of the exchange traded fund’s stock, valued at approximately $52,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Rosenberg Matthew Hamilton grew its position in shares of 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 buying an additional 95 shares during the period. Central Bank & Trust Co. increased its position in iShares U.S. Technology ETF by 343.6% during 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. Phillips Financial Management LLC grew its stake in shares of iShares U.S. Technology ETF by 1,545.5% in the third quarter. Phillips Financial Management LLC now owns 181 shares of the exchange traded fund’s stock worth $27,000 after acquiring an additional 170 shares during the last quarter. Chris Bulman Inc purchased a new position in shares of iShares U.S. Technology ETF in the 2nd quarter worth about $41,000. Finally, Cultivar Capital Inc. bought a new position in iShares U.S. Technology ETF in the 2nd quarter worth about $53,000.

iShares U.S. Technology ETF Stock Up 0.6 %

Shares of NYSEARCA IYW traded up $1.00 during midday trading on Thursday, hitting $158.91. The stock had a trading volume of 93,388 shares, compared to its average volume of 847,510. iShares U.S. Technology ETF has a 52 week low of $114.84 and a 52 week high of $161.49. The company has a market cap of $19.52 billion, a P/E ratio of 38.84 and a beta of 1.43. The business’s 50 day moving average is $153.56 and its 200-day moving average is $148.11.

iShares U.S. Technology ETF 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).