Simplex Trading LLC Makes New $275,000 Investment in iShares U.S. Technology ETF (NYSEARCA:IYW)

Simplex Trading LLC purchased a new position in iShares U.S. Technology ETF (NYSEARCA:IYW) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 2,245 shares of the exchange traded fund’s stock, valued at approximately $275,000.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Nicolet Advisory Services LLC increased its stake in shares of iShares U.S. Technology ETF by 3.2% in the third quarter. Nicolet Advisory Services LLC now owns 2,919 shares of the exchange traded fund’s stock worth $308,000 after acquiring an additional 91 shares during the period. Northwest Capital Management Inc grew its position in iShares U.S. Technology ETF by 2.7% during the 4th quarter. Northwest Capital Management Inc now owns 3,792 shares of the exchange traded fund’s stock worth $465,000 after purchasing an additional 99 shares during the period. Kanawha Capital Management LLC raised its stake in shares of iShares U.S. Technology ETF by 4.8% during the 3rd quarter. Kanawha Capital Management LLC now owns 3,512 shares of the exchange traded fund’s stock valued at $369,000 after buying an additional 161 shares during the last quarter. Park Place Capital Corp lifted its holdings in shares of iShares U.S. Technology ETF by 51.4% in the 4th quarter. Park Place Capital Corp now owns 477 shares of the exchange traded fund’s stock valued at $59,000 after buying an additional 162 shares during the period. Finally, Fortis Group Advisors LLC boosted its stake in shares of iShares U.S. Technology ETF by 3.3% in the third quarter. Fortis Group Advisors LLC now owns 5,538 shares of the exchange traded fund’s stock worth $581,000 after buying an additional 177 shares during the last quarter.

iShares U.S. Technology ETF Trading Down 0.4 %

Shares of IYW stock opened at $133.64 on Wednesday. iShares U.S. Technology ETF has a twelve month low of $92.64 and a twelve month high of $137.54. The stock has a market cap of $16.42 billion, a P/E ratio of 38.84 and a beta of 1.43. The stock has a 50 day moving average of $132.78 and a 200 day moving average of $125.09.

iShares U.S. Technology ETF 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).