Mainstream Capital Management LLC Takes Position in iShares U.S. Technology ETF (NYSEARCA:IYW)

Mainstream Capital Management LLC purchased a new stake in iShares U.S. Technology ETF (NYSEARCA:IYW) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 4,882 shares of the exchange traded fund’s stock, valued at approximately $740,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Magnus Financial Group LLC increased its stake in shares of iShares U.S. Technology ETF by 0.6% in the third quarter. Magnus Financial Group LLC now owns 11,845 shares of the exchange traded fund’s stock valued at $1,796,000 after buying an additional 67 shares during the period. Marino Stram & Associates LLC boosted its position in shares of iShares U.S. Technology ETF by 3.7% during the 3rd quarter. Marino Stram & Associates LLC now owns 1,902 shares of the exchange traded fund’s stock valued at $288,000 after purchasing an additional 67 shares in the last quarter. Investment Advisory Group LLC boosted its position in shares of iShares U.S. Technology ETF by 1.0% during the 3rd quarter. Investment Advisory Group LLC now owns 7,583 shares of the exchange traded fund’s stock valued at $1,150,000 after purchasing an additional 73 shares in the last quarter. Fort Washington Investment Advisors Inc. OH boosted its position in shares of iShares U.S. Technology ETF by 0.6% during the 2nd quarter. Fort Washington Investment Advisors Inc. OH now owns 13,484 shares of the exchange traded fund’s stock valued at $2,029,000 after purchasing an additional 74 shares in the last quarter. Finally, Saxony Capital Management LLC boosted its position in shares of iShares U.S. Technology ETF by 5.4% during the 3rd quarter. Saxony Capital Management LLC now owns 1,473 shares of the exchange traded fund’s stock valued at $223,000 after purchasing an additional 76 shares in the last quarter.

iShares U.S. Technology ETF Price Performance

Shares of iShares U.S. Technology ETF stock opened at $161.25 on Friday. iShares U.S. Technology ETF has a one year low of $110.37 and a one year high of $161.38. The stock’s 50-day moving average is $150.61 and its 200 day moving average is $146.11. The firm has a market cap of $19.81 billion, a price-to-earnings ratio of 38.84 and a beta of 1.43.

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).