Wealthstar Advisors LLC Invests $1.55 Million in iShares U.S. Technology ETF (NYSEARCA:IYW)

Wealthstar Advisors LLC acquired a new stake in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 9,712 shares of the exchange traded fund’s stock, valued at approximately $1,549,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of IYW. AQR Capital Management LLC purchased a new position in shares of iShares U.S. Technology ETF during the 2nd quarter valued at about $342,000. Valeo Financial Advisors LLC increased its stake in shares of iShares U.S. Technology ETF by 9.9% in the third quarter. Valeo Financial Advisors LLC now owns 3,861 shares of the exchange traded fund’s stock worth $585,000 after purchasing an additional 348 shares in the last quarter. Lion Street Advisors LLC lifted its stake in shares of iShares U.S. Technology ETF by 11.7% during the 3rd quarter. Lion Street Advisors LLC now owns 1,801 shares of the exchange traded fund’s stock valued at $273,000 after buying an additional 188 shares in the last quarter. Montis Financial LLC purchased a new stake in iShares U.S. Technology ETF in the 3rd quarter worth $3,024,000. Finally, Sound Income Strategies LLC lifted its position in shares of iShares U.S. Technology ETF by 3.5% in the third quarter. Sound Income Strategies LLC now owns 2,752 shares of the exchange traded fund’s stock valued at $417,000 after acquiring an additional 94 shares in the last quarter.

iShares U.S. Technology ETF Trading Down 1.0 %

Shares of IYW opened at $160.40 on Monday. iShares U.S. Technology ETF has a 12-month low of $124.32 and a 12-month high of $166.83. The company has a market capitalization of $19.71 billion, a PE ratio of 38.84 and a beta of 1.43. The business’s 50 day moving average is $161.93 and its 200 day moving average is $154.26.

iShares U.S. 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).