Concorde Asset Management LLC Grows Position in iShares U.S. Technology ETF (NYSEARCA:IYW)

Concorde Asset Management LLC raised its holdings in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 9.7% during the 3rd quarter, Holdings Channel.com reports. The firm owned 11,353 shares of the exchange traded fund’s stock after acquiring an additional 1,002 shares during the quarter. iShares U.S. Technology ETF comprises approximately 1.0% of Concorde Asset Management LLC’s holdings, making the stock its 20th biggest position. Concorde Asset Management LLC’s holdings in iShares U.S. Technology ETF were worth $1,721,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Rosenberg Matthew Hamilton lifted its holdings in iShares U.S. Technology ETF by 133.8% during the second quarter. Rosenberg Matthew Hamilton now owns 166 shares of the exchange traded fund’s stock valued at $25,000 after purchasing an additional 95 shares during the last quarter. Central Bank & Trust Co. increased its position in shares of iShares U.S. Technology ETF by 343.6% during the second quarter. Central Bank & Trust Co. now owns 173 shares of the exchange traded fund’s stock valued at $26,000 after buying an additional 134 shares during the period. Phillips Financial Management LLC increased its position in shares of iShares U.S. Technology ETF by 1,545.5% during the third quarter. Phillips Financial Management LLC now owns 181 shares of the exchange traded fund’s stock valued at $27,000 after buying an additional 170 shares during the period. Chris Bulman Inc bought a new stake in shares of iShares U.S. Technology ETF during the second quarter valued at about $41,000. Finally, Activest Wealth Management bought a new stake in shares of iShares U.S. Technology ETF during the third quarter valued at about $52,000.

iShares U.S. Technology ETF Stock Up 0.7 %

Shares of IYW opened at $158.97 on Friday. The business’s 50-day moving average price is $153.81 and its 200-day moving average price is $148.18. The stock has a market cap of $19.53 billion, a PE ratio of 38.84 and a beta of 1.43. iShares U.S. Technology ETF has a twelve month low of $114.84 and a twelve month high of $161.49.

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).