22,380 Shares in iShares U.S. Technology ETF (NYSEARCA:IYW) Purchased by Dale Q Rice Investment Management Ltd

Dale Q Rice Investment Management Ltd purchased a new stake in iShares U.S. Technology ETF (NYSEARCA:IYW) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 22,380 shares of the exchange traded fund’s stock, valued at approximately $3,570,000. iShares U.S. Technology ETF comprises 1.6% of Dale Q Rice Investment Management Ltd’s holdings, making the stock its 13th largest position.

Other large investors have also recently bought and sold shares of the company. Magnus Financial Group LLC grew its position in shares of iShares U.S. Technology ETF by 0.6% in the third quarter. Magnus Financial Group LLC now owns 11,845 shares of the exchange traded fund’s stock valued at $1,796,000 after purchasing an additional 67 shares during the last quarter. Marino Stram & Associates LLC grew its holdings in 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 increased its position in iShares U.S. Technology ETF by 1.0% during the 3rd quarter. Investment Advisory Group LLC now owns 7,583 shares of the exchange traded fund’s stock worth $1,150,000 after buying an additional 73 shares during the period. Great Valley Advisor Group Inc. increased its position in iShares U.S. Technology ETF by 1.9% during the 3rd quarter. Great Valley Advisor Group Inc. now owns 3,963 shares of the exchange traded fund’s stock worth $600,000 after buying an additional 73 shares during the period. Finally, Saxony Capital Management LLC lifted its holdings in shares of iShares U.S. Technology ETF by 5.4% during the third quarter. Saxony Capital Management LLC now owns 1,473 shares of the exchange traded fund’s stock worth $223,000 after buying an additional 76 shares in the last quarter.

iShares U.S. Technology ETF Stock Performance

IYW stock opened at $156.56 on Tuesday. iShares U.S. Technology ETF has a 52 week low of $121.05 and a 52 week high of $166.47. The company has a market capitalization of $19.23 billion, a PE ratio of 38.84 and a beta of 1.43. The company’s 50-day simple moving average is $160.96 and its 200 day simple moving average is $153.19.

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).