Accelerate Investment Advisors LLC Invests $466,000 in iShares U.S. Technology ETF (NYSEARCA:IYW)

Accelerate Investment Advisors LLC bought a new stake in iShares U.S. Technology ETF (NYSEARCA:IYW) in the third quarter, HoldingsChannel.com reports. The institutional investor bought 3,073 shares of the exchange traded fund’s stock, valued at approximately $466,000.

Other institutional investors also recently bought and sold shares of the company. Rosenberg Matthew Hamilton boosted its stake in shares of iShares U.S. Technology ETF by 133.8% during 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 period. Central Bank & Trust Co. grew its holdings 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 acquiring an additional 134 shares during the last quarter. VitalStone Financial LLC purchased a new position in shares of iShares U.S. Technology ETF in the first quarter valued at about $36,000. Chris Bulman Inc bought a new position in shares of iShares U.S. Technology ETF during the second quarter valued at about $41,000. Finally, Cultivar Capital Inc. purchased a new stake in shares of iShares U.S. Technology ETF during the second quarter worth about $53,000.

iShares U.S. Technology ETF Price Performance

Shares of NYSEARCA:IYW opened at $156.00 on Monday. The stock’s 50-day moving average is $146.40 and its 200 day moving average is $143.32. The company has a market cap of $19.16 billion, a PE ratio of 38.84 and a beta of 1.43. iShares U.S. Technology ETF has a 1 year low of $100.84 and a 1 year high of $158.97.

iShares U.S. Technology ETF Company 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).