4,270 Shares of iShares U.S. Technology ETF $IYW Acquired by Orange Investment Advisors Inc.

Orange Investment Advisors Inc. acquired a new stake in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 4,270 shares of the exchange traded fund’s stock, valued at approximately $1,131,000.

Other hedge funds also recently bought and sold shares of the company. The Manufacturers Life Insurance Company bought a new stake in iShares U.S. Technology ETF in the 2nd quarter worth approximately $200,579,000. First Merchants Corp bought a new position in iShares U.S. Technology ETF during the third quarter valued at approximately $42,477,000. Capital Investment Advisors LLC bought a new position in iShares U.S. Technology ETF during the third quarter valued at approximately $27,180,000. Hsbc Holdings PLC grew its position in iShares U.S. Technology ETF by 10.3% during the first quarter. Hsbc Holdings PLC now owns 977,825 shares of the exchange traded fund’s stock valued at $177,397,000 after acquiring an additional 91,338 shares during the last quarter. Finally, Fifth Third Securities Inc. bought a new position in iShares U.S. Technology ETF during the third quarter valued at approximately $19,595,000. Institutional investors own 57.65% of the company’s stock.

iShares U.S. Technology ETF Stock Performance

IYW stock opened at $249.92 on Monday. The company has a market capitalization of $24.28 billion, a PE ratio of 34.95 and a beta of 1.35. iShares U.S. Technology ETF has a one year low of $172.54 and a one year high of $274.44. The company’s 50 day moving average price is $256.82 and its two-hundred day moving average price is $244.13.

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). 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.