iShares U.S. Technology ETF (NYSEARCA:IYW) Hits New 12-Month High at $158.97

iShares U.S. Technology ETF (NYSEARCA:IYW)’s share price reached a new 52-week high on Thursday . The stock traded as high as $158.97 and last traded at $157.99, with a volume of 72661 shares changing hands. The stock had previously closed at $158.73.

iShares U.S. Technology ETF Trading Down 2.3 %

The company’s fifty day moving average is $144.54 and its two-hundred day moving average is $135.05. The stock has a market cap of $19.04 billion, a price-to-earnings ratio of 38.84 and a beta of 1.43.

Institutional Trading of iShares U.S. Technology ETF

Several institutional investors have recently added to or reduced their stakes in the stock. Advocacy Wealth Management Services LLC increased its holdings in iShares U.S. Technology ETF by 0.3% in the 2nd quarter. Advocacy Wealth Management Services LLC now owns 141,370 shares of the exchange traded fund’s stock valued at $21,276,000 after purchasing an additional 462 shares during the last quarter. Richard P Slaughter Associates Inc increased its holdings in iShares U.S. Technology ETF by 6.9% in the 2nd quarter. Richard P Slaughter Associates Inc now owns 43,017 shares of the exchange traded fund’s stock valued at $6,474,000 after purchasing an additional 2,782 shares during the last quarter. Lantz Financial LLC increased its holdings in iShares U.S. Technology ETF by 4.1% in the 2nd quarter. Lantz Financial LLC now owns 14,614 shares of the exchange traded fund’s stock valued at $2,199,000 after purchasing an additional 581 shares during the last quarter. Aprio Wealth Management LLC acquired a new stake in iShares U.S. Technology ETF in the 2nd quarter valued at approximately $847,000. Finally, RDA Financial Network acquired a new stake in iShares U.S. Technology ETF in the 2nd quarter valued at approximately $403,000.

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).