Lakeridge Wealth Management LLC Takes $3.41 Million Position in iShares U.S. Technology ETF $IYW

by · The Cerbat Gem

Lakeridge Wealth Management LLC bought a new position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW – Free Report) during the 3rd quarter, Holdings Channel reports. The institutional investor bought 17,395 shares of the exchange traded fund’s stock, valued at approximately $3,407,000. iShares U.S. Technology ETF makes up 1.5% of Lakeridge Wealth Management LLC’s holdings, making the stock its 20th largest position.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Bell Investment Advisors Inc bought a new stake in shares of iShares U.S. Technology ETF during the second quarter worth $25,000. Harbor Asset Planning Inc. acquired a new position in iShares U.S. Technology ETF in the 2nd quarter worth $27,000. Bogart Wealth LLC boosted its stake in iShares U.S. Technology ETF by 189.3% in the 2nd quarter. Bogart Wealth LLC now owns 162 shares of the exchange traded fund’s stock worth $28,000 after purchasing an additional 106 shares during the period. Abound Wealth Management bought a new position in iShares U.S. Technology ETF during the 3rd quarter worth about $34,000. Finally, Tsfg LLC raised its stake in shares of iShares U.S. Technology ETF by 35.4% in the 2nd quarter. Tsfg LLC now owns 222 shares of the exchange traded fund’s stock valued at $38,000 after purchasing an additional 58 shares during the period. Institutional investors and hedge funds own 57.65% of the company’s stock.

iShares U.S. Technology ETF Price Performance

Shares of iShares U.S. Technology ETF stock opened at $202.92 on Friday. The firm has a market cap of $21.87 billion, a price-to-earnings ratio of 34.95 and a beta of 1.23. The stock’s 50-day moving average is $200.61 and its 200-day moving average is $188.83. iShares U.S. Technology ETF has a one year low of $117.55 and a one year high of $211.98.

iShares U.S. Technology ETF Company Profile

(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). The Index measures the performance of the technology sector of the United States equity market, and includes companies in the industry groups, such as software and computer services and technology hardware and equipment.

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