IHT Wealth Management LLC Has $16.66 Million Stock Position in iShares U.S. Technology ETF (NYSEARCA:IYW)

IHT Wealth Management LLC raised its stake in iShares U.S. Technology ETF (NYSEARCA:IYW) by 30.0% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 109,932 shares of the exchange traded fund’s stock after buying an additional 25,374 shares during the period. IHT Wealth Management LLC’s holdings in iShares U.S. Technology ETF were worth $16,656,000 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. Rosenberg Matthew Hamilton boosted its position in 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 acquiring an additional 95 shares during the last quarter. Central Bank & Trust Co. boosted its position in iShares U.S. Technology ETF by 343.6% during the second quarter. Central Bank & Trust Co. now owns 173 shares of the exchange traded fund’s stock valued at $26,000 after acquiring an additional 134 shares during the last quarter. Phillips Financial Management LLC boosted its position in iShares U.S. Technology ETF by 1,545.5% during the third quarter. Phillips Financial Management LLC now owns 181 shares of the exchange traded fund’s stock valued at $27,000 after acquiring an additional 170 shares during the last quarter. Chris Bulman Inc bought a new stake in iShares U.S. Technology ETF during the second quarter valued at $41,000. Finally, Activest Wealth Management bought a new stake in iShares U.S. Technology ETF during the third quarter valued at $52,000.

iShares U.S. Technology ETF Stock Up 0.0 %

IYW traded up $0.07 during trading on Tuesday, reaching $161.09. 121,761 shares of the stock traded hands, compared to its average volume of 841,622. The stock has a market capitalization of $19.79 billion, a PE ratio of 38.84 and a beta of 1.43. The stock’s 50-day moving average is $155.43 and its 200 day moving average is $149.55. iShares U.S. Technology ETF has a 12 month low of $114.84 and a 12 month high of $161.63.

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).