Sound Income Strategies LLC Buys 281 Shares of iShares U.S. Technology ETF (NYSEARCA:IYW)

Sound Income Strategies LLC raised its position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 10.2% during the fourth quarter, HoldingsChannel reports. The firm owned 3,033 shares of the exchange traded fund’s stock after purchasing an additional 281 shares during the period. Sound Income Strategies LLC’s holdings in iShares U.S. Technology ETF were worth $484,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Phillips Financial Management LLC boosted its position in iShares U.S. Technology ETF by 1,545.5% during the 3rd quarter. Phillips Financial Management LLC now owns 181 shares of the exchange traded fund’s stock valued at $27,000 after acquiring an additional 170 shares in the last quarter. Brooklyn Investment Group raised its holdings in iShares U.S. Technology ETF by 84.3% in the 4th quarter. Brooklyn Investment Group now owns 199 shares of the exchange traded fund’s stock worth $32,000 after acquiring an additional 91 shares during the last quarter. Activest Wealth Management bought a new position in shares of iShares U.S. Technology ETF during the third quarter valued at $52,000. Legacy Investment Solutions LLC purchased a new stake in shares of iShares U.S. Technology ETF during the 3rd quarter valued at about $63,000. Finally, PSI Advisors LLC grew its position in iShares U.S. Technology ETF by 36.2% in the 4th quarter. PSI Advisors LLC now owns 463 shares of the exchange traded fund’s stock worth $74,000 after purchasing an additional 123 shares during the period.

iShares U.S. Technology ETF Stock Performance

IYW stock opened at $164.69 on Friday. iShares U.S. Technology ETF has a fifty-two week low of $124.32 and a fifty-two week high of $166.83. The company has a market cap of $20.23 billion, a price-to-earnings ratio of 38.84 and a beta of 1.43. The business’s 50-day moving average is $161.61 and its two-hundred day moving average is $153.73.

iShares U.S. 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).