iShares U.S. Technology ETF (NYSEARCA:IYW) Hits New 1-Year High – Here’s Why

Posted by Amy Steele on Dec 15th, 2024

iShares U.S. Technology ETF (NYSEARCA:IYW – Get Free Report) reached a new 52-week high during mid-day trading on Friday . The company traded as high as $166.03 and last traded at $165.33, with a volume of 135413 shares changing hands. The stock had previously closed at $164.30.

iShares U.S. Technology ETF Stock Performance

The stock has a market cap of $20.18 billion, a P/E ratio of 38.84 and a beta of 1.43. The stock’s fifty day simple moving average is $157.91 and its 200-day simple moving average is $150.98.

Institutional Trading of iShares U.S. Technology ETF

Institutional investors have recently bought and sold shares of the business. Magnus Financial Group LLC raised its position in shares of iShares U.S. Technology ETF by 0.6% in the 3rd 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 in the last quarter. Marino Stram & Associates LLC raised its position in shares of iShares U.S. Technology ETF by 3.7% in the 3rd quarter. Marino Stram & Associates LLC now owns 1,902 shares of the exchange traded fund’s stock valued at $288,000 after buying an additional 67 shares in the last quarter. Investment Advisory Group LLC raised its position in shares of iShares U.S. Technology ETF by 1.0% in 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 buying an additional 73 shares in the last quarter. Great Valley Advisor Group Inc. raised its position in shares of iShares U.S. Technology ETF by 1.9% in the 3rd quarter. Great Valley Advisor Group Inc. now owns 3,963 shares of the exchange traded fund’s stock valued at $600,000 after buying an additional 73 shares in the last quarter. Finally, Fort Washington Investment Advisors Inc. OH raised its position in shares of iShares U.S. Technology ETF by 0.6% in 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 buying an additional 74 shares in the last quarter.

iShares U.S. Technology ETF Company Profile

(Get Free Report)

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).