Fiduciary Alliance LLC Makes New $202,000 Investment in iShares U.S. Technology ETF $IYW

Fiduciary Alliance LLC bought a new position in iShares U.S. Technology ETF (NYSEARCA:IYW) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 1,164 shares of the exchange traded fund’s stock, valued at approximately $202,000.

Several other hedge funds also recently bought and sold shares of IYW. Lifestyle Asset Management Inc. bought a new stake in shares of iShares U.S. Technology ETF during the 2nd quarter worth about $1,042,000. Everpar Advisors LLC boosted its stake in shares of iShares U.S. Technology ETF by 41.9% during the 2nd quarter. Everpar Advisors LLC now owns 3,342 shares of the exchange traded fund’s stock worth $579,000 after acquiring an additional 987 shares in the last quarter. Ballew Advisors Inc boosted its stake in shares of iShares U.S. Technology ETF by 1.5% during the 2nd quarter. Ballew Advisors Inc now owns 12,254 shares of the exchange traded fund’s stock worth $2,151,000 after acquiring an additional 186 shares in the last quarter. Legacy Private Trust Co. boosted its stake in shares of iShares U.S. Technology ETF by 3.8% during the 2nd quarter. Legacy Private Trust Co. now owns 12,091 shares of the exchange traded fund’s stock worth $2,095,000 after acquiring an additional 441 shares in the last quarter. Finally, Accelerate Investment Advisors LLC boosted its stake in shares of iShares U.S. Technology ETF by 7.9% during the 2nd quarter. Accelerate Investment Advisors LLC now owns 4,246 shares of the exchange traded fund’s stock worth $736,000 after acquiring an additional 312 shares in the last quarter. 57.65% of the stock is owned by institutional investors and hedge funds.

iShares U.S. Technology ETF Stock Performance

IYW opened at $194.25 on Friday. The company has a market cap of $24.29 billion, a PE ratio of 34.95 and a beta of 1.15. The stock has a 50-day moving average of $182.59 and a 200-day moving average of $162.61. iShares U.S. Technology ETF has a 52-week low of $117.55 and a 52-week high of $194.39.

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).