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Verum Partners bought $237K in IYW tech ETF, which has no dividends and a $24.4B market cap.
Verum Partners LLC invested $237,000 in the iShares U.S. Technology ETF (IYW), acquiring 1,371 shares during the second quarter, while RVW Wealth LLC increased its stake by 13.5%, holding 86,278 shares valued at about $14.9 million, representing 1.3% of its portfolio.
IYW, which tracks the Dow Jones U.S. Technology Index, is a non-diversified ETF with a $24.39 billion market cap, a price-to-earnings ratio of 34.95, and 57.65% institutional ownership.
The ETF opened at $195.01, with a 52-week range of $117.55 to $197.11, and moving averages of $183.39 (50-day) and $163.35 (200-day).
NorthRock Partners LLC also acquired a small stake during the first quarter.
The fund does not pay dividends.
Verum Partners compró $237K en IYW ETF tecnológico, que no tiene dividendos y una capitalización de mercado de $ 24.4B.