Silver Oak Securities Incorporated Makes New $2.19 Million Investment in iShares U.S. Technology ETF (NYSEARCA:IYW)

Silver Oak Securities Incorporated purchased a new stake in iShares U.S. Technology ETF (NYSEARCA:IYW) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 14,564 shares of the exchange traded fund’s stock, valued at approximately $2,192,000.

Other hedge funds have also made changes to their positions in the company. Rosenberg Matthew Hamilton grew its stake in iShares U.S. Technology ETF by 133.8% in the 2nd quarter. Rosenberg Matthew Hamilton now owns 166 shares of the exchange traded fund’s stock valued at $25,000 after acquiring an additional 95 shares during the last quarter. Central Bank & Trust Co. lifted its holdings in shares of iShares U.S. Technology ETF by 343.6% in the second quarter. Central Bank & Trust Co. now owns 173 shares of the exchange traded fund’s stock valued at $26,000 after purchasing an additional 134 shares in the last quarter. VitalStone Financial LLC acquired a new stake in shares of iShares U.S. Technology ETF in the first quarter valued at approximately $36,000. Chris Bulman Inc purchased a new position in shares of iShares U.S. Technology ETF during the 2nd quarter worth approximately $41,000. Finally, Cultivar Capital Inc. acquired a new position in shares of iShares U.S. Technology ETF during the 2nd quarter worth approximately $53,000.

iShares U.S. Technology ETF Stock Performance

IYW stock opened at $154.39 on Friday. The stock’s 50 day moving average price is $149.26 and its 200 day moving average price is $144.49. The firm has a market cap of $18.97 billion, a P/E 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.

About iShares U.S. Technology ETF

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).