iShares U.S. Technology ETF (NYSEARCA:IYW) Sees Unusually-High Trading Volume

iShares U.S. Technology ETF (NYSEARCA:IYW) saw an uptick in trading volume on Wednesday . 477,589 shares changed hands during trading, a decline of 46% from the previous session’s volume of 880,217 shares.The stock last traded at $153.31 and had previously closed at $153.06.

iShares U.S. Technology ETF Stock Performance

The firm has a market capitalization of $19.01 billion, a PE ratio of 38.84 and a beta of 1.43. The company has a fifty day moving average price of $142.31 and a 200-day moving average price of $133.99.

Institutional Trading of iShares U.S. Technology ETF

Several hedge funds and other institutional investors have recently bought and sold shares of IYW. VitalStone Financial LLC purchased a new stake in iShares U.S. Technology ETF during the 1st quarter valued at $36,000. Headinvest LLC purchased a new stake in iShares U.S. Technology ETF during the 3rd quarter valued at $42,000. Tidemark LLC purchased a new stake in iShares U.S. Technology ETF during the 4th quarter valued at $50,000. GAMMA Investing LLC purchased a new stake in iShares U.S. Technology ETF during the 4th quarter valued at $52,000. Finally, Park Place Capital Corp raised its holdings in iShares U.S. Technology ETF by 51.4% during 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.

iShares U.S. Technology ETF Company 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).