3-May-2024
No press releases found.
Warren Buffett cautions against role of AI in scamming people
Seeking Alpha News (Sat, 4-May 1:42 PM ET)
Apple stock: 10 ETFs with large weightings of the iPhone maker
Seeking Alpha News (Fri, 3-May 1:13 PM ET)
These are the 10 biggest ETFS focused on Artificial Intelligence
Seeking Alpha News (Wed, 1-May 3:38 PM ET)
These are the 10 biggest ETFs focused on Artificial Intelligence
Seeking Alpha News (Wed, 1-May 3:38 PM ET)
Microsoft's Renewable Energy Leap: A Game Changer?
Benzinga (Wed, 1-May 11:49 AM ET)
The iShares Dow Jones U.S. Technology Sector Index Fund seeks investment results that correspond generally to the price and yield performance before fees and expenses of the largest public companies in the technology sector of the U.S. market as represented by the Dow Jones U.S. Technology Capped Index. IYW changed its index from the Dow Jones U.S. Technology Capped Index to the Russell 1000 Technology RIC 22.5/45 Capped Index.
iShares US Technology ETF trades on the ARCA stock market under the symbol IYW.
As of May 3, 2024, IYW stock price climbed to $132.17 with 1,291,845 million shares trading.
IYW has a beta of 1.41, meaning it tends to be more sensitive to market movements. IYW has a correlation of 0.74 to the broad based SPY ETF.
IYW has a market cap of $16.24 billion. This is considered a Large Cap stock.
In the last 3 years, IYW stock traded as high as $137.54 and as low as $69.49.
IYW has outperformed the market in the last year with a price return of +44.9% while the SPY ETF gained +27.0%. However, in the short term, IYW had mixed performance relative to the market. It has underperformed in the last 3 months, returning +1.5% vs +3.7% return in SPY. But in the last 2 weeks, IYW shares have fared better than the market returning +5.9% compared to SPY +3.3%.
IYW support price is $127.04 and resistance is $130.98 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that IYW stock will trade within this expected range on the day.