Tudor Investment Corp ET AL Buys 20,425 Shares of iShares U.S. Technology ETF $IYW

Tudor Investment Corp ET AL raised its stake in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 714.4% in the third quarter, Holdings Channel reports. The institutional investor owned 23,284 shares of the exchange traded fund’s stock after buying an additional 20,425 shares during the quarter. Tudor Investment Corp ET AL’s holdings in iShares U.S. Technology ETF were worth $4,560,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of IYW. Triumph Capital Management purchased a new stake in shares of iShares U.S. Technology ETF in the third quarter worth about $28,000. Bangor Savings Bank purchased a new position in iShares U.S. Technology ETF during the third quarter valued at approximately $31,000. Hantz Financial Services Inc. bought a new stake in iShares U.S. Technology ETF during the 3rd quarter worth approximately $31,000. Abound Wealth Management bought a new stake in iShares U.S. Technology ETF during the 3rd quarter worth approximately $34,000. Finally, Collier Financial purchased a new stake in iShares U.S. Technology ETF in the 3rd quarter worth approximately $37,000. 57.65% of the stock is currently owned by institutional investors.

iShares U.S. Technology ETF Price Performance

Shares of NYSEARCA:IYW opened at $185.94 on Thursday. The firm has a fifty day moving average price of $193.14 and a two-hundred day moving average price of $196.65. iShares U.S. Technology ETF has a one year low of $117.55 and a one year high of $211.98. The company has a market cap of $19.46 billion, a price-to-earnings ratio of 34.95 and a beta of 1.23.

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.