Simplex Trading LLC Takes $275,000 Position in iShares U.S. Technology ETF (NYSEARCA:IYW)

Simplex Trading LLC purchased a new position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) during the fourth quarter, Holdings Channel reports. The firm purchased 2,245 shares of the exchange traded fund’s stock, valued at approximately $275,000.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Bailard Inc. acquired a new position in iShares U.S. Technology ETF in the fourth quarter valued at $216,000. Atria Wealth Solutions Inc. increased its position in iShares U.S. Technology ETF by 28.9% in the 4th quarter. Atria Wealth Solutions Inc. now owns 154,828 shares of the exchange traded fund’s stock valued at $19,005,000 after acquiring an additional 34,736 shares during the period. GAMMA Investing LLC purchased a new stake in iShares U.S. Technology ETF during the 4th quarter valued at approximately $52,000. Eudaimonia Advisors LLC lifted its position in iShares U.S. Technology ETF by 8.3% during the 4th quarter. Eudaimonia Advisors LLC now owns 7,275 shares of the exchange traded fund’s stock worth $893,000 after acquiring an additional 557 shares during the period. Finally, Aspire Private Capital LLC grew its stake in shares of iShares U.S. Technology ETF by 66.2% in the 4th quarter. Aspire Private Capital LLC now owns 3,231 shares of the exchange traded fund’s stock valued at $397,000 after purchasing an additional 1,287 shares during the last quarter.

iShares U.S. Technology ETF Trading Down 0.4 %

NYSEARCA:IYW opened at $133.64 on Wednesday. The stock’s 50 day simple moving average is $132.78 and its 200-day simple moving average is $125.09. iShares U.S. Technology ETF has a 12-month low of $92.64 and a 12-month high of $137.54. The firm has a market cap of $16.42 billion, a P/E ratio of 38.84 and a beta of 1.43.

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).