iShares U.S. Technology ETF $IYW Shares Newly Purchased by Sonata Capital Group Inc.

Sonata Capital Group Inc. purchased a new stake in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) during the third quarter, HoldingsChannel.com reports. The fund purchased 10,230 shares of the exchange traded fund’s stock, valued at approximately $2,710,000. iShares U.S. Technology ETF comprises about 0.9% of Sonata Capital Group Inc.’s holdings, making the stock its 28th biggest holding.

A number of other large investors have also recently made changes to their positions in the stock. The Manufacturers Life Insurance Company purchased a new position in shares of iShares U.S. Technology ETF during the second quarter valued at approximately $200,579,000. First Heartland Consultants Inc. purchased a new stake in iShares U.S. Technology ETF in the third quarter worth approximately $7,194,000. Goodman Advisory Group LLC purchased a new stake in iShares U.S. Technology ETF in the first quarter worth approximately $510,000. True North Advisors LLC bought a new stake in iShares U.S. Technology ETF in the 1st quarter worth approximately $439,000. Finally, Three Seasons Wealth LLC grew its position in iShares U.S. Technology ETF by 2,412.9% in the 2nd quarter. Three Seasons Wealth LLC now owns 42,945 shares of the exchange traded fund’s stock worth $10,832,000 after purchasing an additional 41,236 shares during the period. 57.65% of the stock is currently owned by institutional investors.

iShares U.S. Technology ETF Trading Up 1.3%

NYSEARCA:IYW traded up $3.35 during trading hours on Monday, reaching $254.59. The company had a trading volume of 290,809 shares, compared to its average volume of 1,071,387. The firm has a market cap of $24.73 billion, a price-to-earnings ratio of 34.95 and a beta of 1.35. The firm’s 50 day moving average price is $256.92 and its 200-day moving average price is $241.73. iShares U.S. Technology ETF has a 52 week low of $172.54 and a 52 week high of $274.44.

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). 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.