Insight 2811 Inc. Buys New Stake in iShares U.S. Technology ETF (NYSEARCA:IYW)

Insight 2811 Inc. purchased a new position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 1,410 shares of the exchange traded fund’s stock, valued at approximately $212,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Rosenberg Matthew Hamilton increased its stake in iShares U.S. Technology ETF by 133.8% in the second quarter. Rosenberg Matthew Hamilton now owns 166 shares of the exchange traded fund’s stock valued at $25,000 after purchasing an additional 95 shares during the last quarter. Central Bank & Trust Co. raised its stake in iShares U.S. Technology ETF by 343.6% during the 2nd quarter. Central Bank & Trust Co. now owns 173 shares of the exchange traded fund’s stock worth $26,000 after acquiring an additional 134 shares in the last quarter. VitalStone Financial LLC purchased a new stake in iShares U.S. Technology ETF in the first quarter valued at $36,000. Chris Bulman Inc acquired a new position in iShares U.S. Technology ETF in the second quarter valued at $41,000. Finally, Tidemark LLC purchased a new position in shares of iShares U.S. Technology ETF during the fourth quarter worth about $50,000.

iShares U.S. Technology ETF Trading Down 2.4 %

Shares of NYSEARCA IYW traded down $3.34 during trading hours on Friday, reaching $137.70. The stock had a trading volume of 1,267,038 shares, compared to its average volume of 908,005. The firm has a market cap of $16.92 billion, a price-to-earnings ratio of 38.84 and a beta of 1.43. iShares U.S. Technology ETF has a fifty-two week low of $100.84 and a fifty-two week high of $158.97. The firm has a 50-day moving average of $147.08 and a 200-day moving average of $140.61.

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).