Concorde Asset Management LLC Boosts Stock Position in iShares US Technology ETF (NYSEARCA:IYW)

Concorde Asset Management LLC grew its stake in shares of iShares US Technology ETF (NYSEARCA:IYW) by 11.7% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,370 shares of the exchange traded fund’s stock after buying an additional 562 shares during the period. iShares US Technology ETF accounts for 0.9% of Concorde Asset Management LLC’s portfolio, making the stock its 22nd biggest holding. Concorde Asset Management LLC’s holdings in iShares US Technology ETF were worth $1,617,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently bought and sold shares of the company. Coastal Investment Advisors Inc. purchased a new position in iShares US Technology ETF in the 3rd quarter worth approximately $200,000. Epiq Partners LLC purchased a new position in iShares US Technology ETF in the 3rd quarter worth approximately $209,000. Stillwater Capital Advisors LLC lifted its holdings in iShares US Technology ETF by 6.6% in the 3rd quarter. Stillwater Capital Advisors LLC now owns 43,384 shares of the exchange traded fund’s stock worth $13,062,000 after purchasing an additional 2,681 shares in the last quarter. Transform Wealth LLC lifted its holdings in iShares US Technology ETF by 54.9% in the 3rd quarter. Transform Wealth LLC now owns 6,115 shares of the exchange traded fund’s stock worth $1,841,000 after purchasing an additional 2,167 shares in the last quarter. Finally, Tennessee Valley Asset Management Partners purchased a new position in iShares US Technology ETF in the 3rd quarter worth approximately $419,000.

NYSEARCA:IYW traded down $6.43 during trading hours on Monday, reaching $304.75. The stock had a trading volume of 839 shares, compared to its average volume of 180,238. iShares US Technology ETF has a 52 week low of $175.25 and a 52 week high of $331.13. The company has a 50 day moving average price of $301.84 and a two-hundred day moving average price of $272.57.

iShares US 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).

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Institutional Ownership by Quarter for iShares US Technology ETF (NYSEARCA:IYW)

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