Migdal Insurance & Financial Holdings Ltd. Has $7.13 Million Holdings in iShares U.S. Technology ETF (NYSEARCA:IYW)

Migdal Insurance & Financial Holdings Ltd. boosted its holdings in iShares U.S. Technology ETF (NYSEARCA:IYW) by 4.6% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 58,091 shares of the exchange traded fund’s stock after acquiring an additional 2,536 shares during the quarter. Migdal Insurance & Financial Holdings Ltd.’s holdings in iShares U.S. Technology ETF were worth $7,133,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of IYW. Barclays PLC acquired a new stake in shares of iShares U.S. Technology ETF during the first quarter valued at about $25,000. Authentikos Wealth Advisory LLC bought a new position in shares of iShares U.S. Technology ETF during the third quarter worth about $33,000. Sheets Smith Wealth Management bought a new position in shares of iShares U.S. Technology ETF during the third quarter worth about $35,000. Coppell Advisory Solutions LLC bought a new position in shares of iShares U.S. Technology ETF during the second quarter worth about $39,000. Finally, LWM Advisory Services LLC bought a new position in shares of iShares U.S. Technology ETF during the third quarter worth about $40,000.

iShares U.S. Technology ETF Stock Performance

Shares of IYW traded down $1.35 during mid-day trading on Wednesday, reaching $130.03. 776,132 shares of the company were exchanged, compared to its average volume of 843,174. iShares U.S. Technology ETF has a 52 week low of $88.64 and a 52 week high of $137.54. The stock has a market capitalization of $15.86 billion, a PE ratio of 40.59 and a beta of 1.39. The business has a 50 day simple moving average of $133.55 and a two-hundred day simple moving average of $122.78.

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).