Nwam LLC Purchases Shares of 19,720 iShares U.S. Technology ETF (NYSEARCA:IYW)

Nwam LLC purchased a new stake in iShares U.S. Technology ETF (NYSEARCA:IYW) in the 3rd quarter, according to its most recent filing with the SEC. The fund purchased 19,720 shares of the exchange traded fund’s stock, valued at approximately $2,990,000.

Several other institutional investors also recently bought and sold shares of the business. Meridian Wealth Management LLC acquired a new position in iShares U.S. Technology ETF in the 3rd quarter valued at $2,396,000. Citigroup Inc. grew its stake in shares of iShares U.S. Technology ETF by 84.1% during the 3rd quarter. Citigroup Inc. now owns 49,610 shares of the exchange traded fund’s stock valued at $7,522,000 after buying an additional 22,667 shares during the period. Concorde Asset Management LLC grew its stake in shares of iShares U.S. Technology ETF by 9.7% during the 3rd quarter. Concorde Asset Management LLC now owns 11,353 shares of the exchange traded fund’s stock valued at $1,721,000 after buying an additional 1,002 shares during the period. Activest Wealth Management purchased a new stake in shares of iShares U.S. Technology ETF during the 3rd quarter valued at $52,000. Finally, LPL Financial LLC grew its stake in shares of iShares U.S. Technology ETF by 3.0% during the 3rd quarter. LPL Financial LLC now owns 4,133,439 shares of the exchange traded fund’s stock valued at $626,712,000 after buying an additional 120,614 shares during the period.

iShares U.S. Technology ETF Stock Up 0.0 %

Shares of NYSEARCA IYW opened at $159.02 on Friday. iShares U.S. Technology ETF has a 52-week low of $114.84 and a 52-week high of $161.49. The firm has a fifty day moving average of $153.81 and a 200-day moving average of $148.18. The stock has a market capitalization of $19.54 billion, a PE ratio of 38.84 and a beta of 1.43.

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).