First Citizens Financial Corp Acquires 481 Shares of iShares US Technology ETF (NYSEARCA:IYW)

First Citizens Financial Corp boosted its holdings in iShares US Technology ETF (NYSEARCA:IYW) by 1.8% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 26,911 shares of the exchange traded fund’s stock after acquiring an additional 481 shares during the quarter. iShares US Technology ETF accounts for approximately 7.6% of First Citizens Financial Corp’s portfolio, making the stock its 2nd largest position. First Citizens Financial Corp’s holdings in iShares US Technology ETF were worth $7,261,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Ayalon Holdings Ltd. increased its position in shares of iShares US Technology ETF by 60.0% during the second quarter. Ayalon Holdings Ltd. now owns 152 shares of the exchange traded fund’s stock worth $41,000 after acquiring an additional 57 shares in the last quarter. Townsend Asset Management Corp NC ADV acquired a new stake in iShares US Technology ETF in the 1st quarter worth about $31,000. Horan Securities Inc. acquired a new stake in iShares US Technology ETF in the 1st quarter worth about $34,000. WASHINGTON TRUST Co acquired a new stake in iShares US Technology ETF in the 1st quarter worth about $41,000. Finally, Key Financial Inc acquired a new stake in iShares US Technology ETF in the 1st quarter worth about $49,000.

iShares US Technology ETF stock traded up $6.49 during midday trading on Friday, hitting $285.96. The company’s stock had a trading volume of 228,242 shares, compared to its average volume of 185,847. iShares US Technology ETF has a 1-year low of $175.25 and a 1-year high of $286.93. The company has a 50-day moving average price of $270.94 and a two-hundred day moving average price of $242.77.

iShares US 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).

See Also: How does a dividend reinvestment plan work?

Want to see what other hedge funds are holding IYW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares US Technology ETF (NYSEARCA:IYW).

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

Receive News & Ratings for iShares US Technology ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares US Technology ETF and related companies with MarketBeat.com's FREE daily email newsletter.