S. R. Schill & Associates Makes New Investment in iShares U.S. Technology ETF $IYW

S. R. Schill & Associates bought a new stake in iShares U.S. Technology ETF (NYSEARCA:IYW) in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 10,956 shares of the exchange traded fund’s stock, valued at approximately $1,988,000. iShares U.S. Technology ETF makes up about 1.3% of S. R. Schill & Associates’ holdings, making the stock its 16th biggest holding.

Several other hedge funds have also modified their holdings of IYW. Monetary Solutions Ltd acquired a new position in iShares U.S. Technology ETF in the 4th quarter worth $26,000. Sankala Group LLC acquired a new stake in shares of iShares U.S. Technology ETF during the fourth quarter valued at about $26,000. Triumph Capital Management acquired a new stake in shares of iShares U.S. Technology ETF during the third quarter valued at about $28,000. Miller Capital Partners Inc. purchased a new stake in shares of iShares U.S. Technology ETF during the fourth quarter worth about $28,000. Finally, Kingdom Financial Group LLC. purchased a new stake in shares of iShares U.S. Technology ETF during the fourth quarter worth about $32,000. 57.65% of the stock is currently owned by hedge funds and other institutional investors.

iShares U.S. Technology ETF Stock Up 0.3%

Shares of IYW traded up $0.80 during trading on Friday, reaching $250.08. The company’s stock had a trading volume of 533,111 shares, compared to its average volume of 1,344,992. The company has a market cap of $25.12 billion, a price-to-earnings ratio of 34.95 and a beta of 1.35. The company has a fifty day moving average of $244.13 and a two-hundred day moving average of $212.89. iShares U.S. Technology ETF has a twelve month low of $172.54 and a twelve month high of $261.01.

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). The Index measures the performance of the technology sector of the United States equity market, and includes companies in the industry groups, such as software and computer services and technology hardware and equipment.