Kovach Advisors Inc. increased its holdings in the iShares US Technology ETF (NYSEARCA:IYW – free report ) by 16.5% during the first quarter, according to its latest filing with the Securities and Exchange Commission. The fund bought an additional 900 shares during the quarter, bringing its holdings to 6,353 shares of the exchange-traded fund. Kovach Advisors’ holdings of the iShares US Technology ETF were worth $858,000 at the end of the most recent reporting period.
Other large investors also recently added to or reduced their holdings in IYW. Headinvest LLC purchased a new stake of $42,000 in iShares US Technology ETF shares in the third quarter. Tidemark LLC purchased a new stake of $50,000 in iShares US Technology ETF shares in the fourth quarter. GAMMA Investing LLC purchased a new stake of $52,000 in iShares US Technology ETF shares in the fourth quarter. Park Place Capital Corp increased its holdings in iShares US Technology ETF by 51.4% in the fourth quarter. Park Place Capital Corp now owns 477 shares of the exchange-traded fund worth $59,000 after purchasing an additional 162 shares during the period. Finally, Creekmur Asset Management LLC purchased a new stake in iShares US Technology ETF in the fourth quarter worth about $69,000.
iShares US Technology ETF shares up 1.1%
NYSEARCA IYW opened trading at $154.75 on Friday. The stock’s 50-day moving average price is $142.31 and its 200-day moving average price is $133.99. The company has a market cap of $19.01 billion, a P/E ratio of 38.84 and a beta of 1.43. iShares US Technology ETF has a 52-week low of $100.84 and a 52-week high of $154.75.
iShares US Technology ETF Profile
(Free report)
The iShares US Technology ETF (formerly known as iShares Dow Jones US Technology Sector Index Fund (the “Fund”)) is a non-diversified fund. The Fund seeks to achieve investment results that generally correspond to the price and yield performance, before fees and expenses, of the Dow Jones US Technology Index (the “Index”).
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