iShares U.S. Technology ETF (NYSEARCA:IYW) Shares Acquired by 1832 Asset Management L.P.

1832 Asset Management L.P. boosted its position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 6,689.2% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 373,406 shares of the exchange traded fund’s stock after purchasing an additional 367,906 shares during the period. 1832 Asset Management L.P. owned approximately 0.30% of iShares U.S. Technology ETF worth $50,432,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. VitalStone Financial LLC acquired a new stake in iShares U.S. Technology ETF during the 1st quarter valued at $36,000. Tidemark LLC bought a new position in iShares U.S. Technology ETF during the 4th quarter valued at $50,000. GAMMA Investing LLC bought a new position in iShares U.S. Technology ETF during the 4th quarter valued at $52,000. SYM FINANCIAL Corp bought a new position in iShares U.S. Technology ETF during the 1st quarter valued at $61,000. Finally, Park Place Capital Corp boosted its stake in iShares U.S. Technology ETF by 51.4% during the 4th quarter. Park Place Capital Corp now owns 477 shares of the exchange traded fund’s stock valued at $59,000 after acquiring an additional 162 shares during the last quarter.

iShares U.S. Technology ETF Trading Up 1.1 %

NYSEARCA IYW traded up $1.59 during trading hours on Friday, reaching $144.54. 404,723 shares of the company traded hands, compared to its average volume of 875,945. iShares U.S. Technology ETF has a 12 month low of $100.84 and a 12 month high of $158.97. The stock has a market capitalization of $17.76 billion, a PE ratio of 38.84 and a beta of 1.43. The company has a 50 day moving average of $148.34 and a two-hundred day moving average of $137.52.

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).