Condor Capital Management Buys 292 Shares of iShares U.S. Technology ETF (NYSEARCA:IYW)

Condor Capital Management boosted its stake in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 1.5% during the second quarter, Holdings Channel.com reports. The fund owned 19,591 shares of the exchange traded fund’s stock after acquiring an additional 292 shares during the period. Condor Capital Management’s holdings in iShares U.S. Technology ETF were worth $2,948,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in IYW. Envestnet Asset Management Inc. increased its stake in iShares U.S. Technology ETF by 38.6% during the 4th quarter. Envestnet Asset Management Inc. now owns 10,523,831 shares of the exchange traded fund’s stock worth $1,291,800,000 after acquiring an additional 2,928,731 shares during the period. Dynasty Wealth Management LLC bought a new position in iShares U.S. Technology ETF during the 1st quarter worth $119,223,000. Cetera Investment Advisers increased its stake in iShares U.S. Technology ETF by 131.6% during the 1st quarter. Cetera Investment Advisers now owns 743,002 shares of the exchange traded fund’s stock worth $100,350,000 after acquiring an additional 422,212 shares during the period. 1832 Asset Management L.P. increased its stake in iShares U.S. Technology ETF by 6,689.2% during the 1st quarter. 1832 Asset Management L.P. now owns 373,406 shares of the exchange traded fund’s stock worth $50,432,000 after acquiring an additional 367,906 shares during the period. Finally, FIL Ltd boosted its holdings in shares of iShares U.S. Technology ETF by 33.2% in the 4th quarter. FIL Ltd now owns 1,456,287 shares of the exchange traded fund’s stock valued at $178,759,000 after purchasing an additional 363,201 shares in the last quarter.

iShares U.S. Technology ETF Stock Performance

Shares of IYW stock opened at $146.91 on Friday. The stock’s fifty day moving average price is $146.03 and its two-hundred day moving average price is $140.96. The company has a market cap of $18.05 billion, a PE 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.

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).