Secure Asset Management LLC Acquires 18,825 Shares of iShares U.S. Technology ETF (NYSEARCA:IYW)

Secure Asset Management LLC lifted its holdings in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 333.4% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 24,471 shares of the exchange traded fund’s stock after purchasing an additional 18,825 shares during the period. iShares U.S. Technology ETF accounts for 0.7% of Secure Asset Management LLC’s holdings, making the stock its 28th biggest holding. Secure Asset Management LLC’s holdings in iShares U.S. Technology ETF were worth $3,683,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Central Bank & Trust Co. boosted its stake in iShares U.S. Technology ETF by 343.6% in the 2nd quarter. Central Bank & Trust Co. now owns 173 shares of the exchange traded fund’s stock worth $26,000 after purchasing an additional 134 shares during the period. VitalStone Financial LLC purchased a new position in iShares U.S. Technology ETF during the first quarter valued at $36,000. Tidemark LLC purchased a new position in shares of iShares U.S. Technology ETF in the fourth quarter worth $50,000. GAMMA Investing LLC bought a new position in shares of iShares U.S. Technology ETF during the 4th quarter valued at $52,000. Finally, Cultivar Capital Inc. bought a new position in iShares U.S. Technology ETF in the 2nd quarter worth $53,000.

iShares U.S. Technology ETF Stock Up 1.4 %

IYW stock traded up $2.04 during mid-day trading on Friday, hitting $149.40. The company had a trading volume of 1,486,819 shares, compared to its average volume of 899,593. The company has a market capitalization of $18.35 billion, a price-to-earnings ratio of 38.84 and a beta of 1.43. iShares U.S. Technology ETF has a 12-month low of $100.84 and a 12-month high of $158.97. The company has a 50-day moving average price of $148.43 and a 200 day moving average price of $139.52.

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).