Blair William & Co. IL Lowers Position in iShares U.S. Technology ETF (NYSEARCA:IYW) – First Quarter Holdings
Blair William & Co. IL, a prominent investment firm, recently decreased its stake in the iShares U.S. Technology ETF (NYSEARCA:IYW) by 3.2% during the first quarter. The firm now holds 22,470 shares of the ETF’s stock, valued at $3,035,000 after selling 754 shares. This move comes amid a flurry of activity in the ETF, with several other hedge funds and institutional investors making significant buys and sells of IYW shares.
One such investor, VitalStone Financial LLC, acquired a new position in iShares U.S. Technology ETF worth $36,000 during the first quarter. Other investors, such as Tidemark LLC, GAMMA Investing LLC, SYM FINANCIAL Corp, and Park Place Capital Corp, also made substantial purchases of IYW shares in recent months.
In terms of stock performance, iShares U.S. Technology ETF opened at $148.01 on Friday, with a 52-week low of $100.84 and a high of $158.97. The company has a market capitalization of $18.18 billion, a price-to-earnings ratio of 38.84, and a beta of 1.43. The stock’s moving averages indicate a positive trend, with a fifty-day average of $147.37 and a two-hundred day average of $136.55.
iShares U.S. Technology ETF, formerly known as iShares Dow Jones U.S. Technology Sector Index Fund, is a non-diversified fund that seeks to replicate the performance of the Dow Jones U.S. Technology Index. Investors interested in learning more about the company can visit HoldingsChannel.com for the latest filings and insider trades related to IYW.
For those looking to stay updated on the latest developments surrounding iShares U.S. Technology ETF, MarketBeat.com offers a daily email newsletter providing news and ratings for the ETF and related companies. Subscribe to receive a concise daily summary of updates and analysis to inform your investment decisions.