iShares U.S. Technology ETF (NYSEARCA:IYW) Sees Large Volume Increase

iShares U.S. Technology ETF (NYSEARCA:IYW) saw an uptick in trading volume on Monday . Approximately 1,005,271 shares were traded during mid-day trading, an increase of 14% from the previous session’s volume of 879,798 shares.The stock last traded at $125.30 and had previously closed at $124.75.

iShares U.S. Technology ETF Stock Performance

The company has a market capitalization of $15.68 billion, a P/E ratio of 40.59 and a beta of 1.39. The company’s fifty day simple moving average is $133.03 and its 200-day simple moving average is $123.54.

Institutional Trading of iShares U.S. Technology ETF

Several hedge funds and other institutional investors have recently made changes to their positions in IYW. Authentikos Wealth Advisory LLC acquired a new stake in iShares U.S. Technology ETF in the third quarter worth about $33,000. Sheets Smith Wealth Management acquired a new position in iShares U.S. Technology ETF during the 3rd quarter valued at approximately $35,000. LWM Advisory Services LLC purchased a new position in shares of iShares U.S. Technology ETF in the third quarter worth $40,000. Headinvest LLC purchased a new stake in shares of iShares U.S. Technology ETF during the third quarter valued at $42,000. Finally, Tidemark LLC acquired a new stake in iShares U.S. Technology ETF during the 4th quarter worth about $50,000.

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).