Strategic Financial Concepts LLC acquired a new stake in iShares U.S. Technology ETF (NYSEARCA:IYW – Free Report) during the fourth quarter, Holdings Channel reports. The fund acquired 95,737 shares of the exchange traded fund’s stock, valued at approximately $15,272,000.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. LPL Financial LLC lifted its stake in shares of iShares U.S. Technology ETF by 3.0% in the third quarter. LPL Financial LLC now owns 4,133,439 shares of the exchange traded fund’s stock worth $626,712,000 after buying an additional 120,614 shares in the last quarter. International Assets Investment Management LLC raised its holdings in iShares U.S. Technology ETF by 29,435.7% in the 3rd quarter. International Assets Investment Management LLC now owns 3,190,156 shares of the exchange traded fund’s stock valued at $483,691,000 after acquiring an additional 3,179,355 shares during the last quarter. Park Avenue Securities LLC raised its holdings in iShares U.S. Technology ETF by 2.0% in the 4th quarter. Park Avenue Securities LLC now owns 931,780 shares of the exchange traded fund’s stock valued at $148,638,000 after acquiring an additional 18,382 shares during the last quarter. OneDigital Investment Advisors LLC lifted its stake in iShares U.S. Technology ETF by 2.1% in the 3rd quarter. OneDigital Investment Advisors LLC now owns 714,361 shares of the exchange traded fund’s stock worth $108,311,000 after purchasing an additional 14,758 shares in the last quarter. Finally, Raymond James & Associates boosted its holdings in shares of iShares U.S. Technology ETF by 1.6% during the 3rd quarter. Raymond James & Associates now owns 631,178 shares of the exchange traded fund’s stock worth $95,699,000 after purchasing an additional 9,742 shares during the last quarter.
iShares U.S. Technology ETF Price Performance
IYW stock opened at $165.87 on Friday. iShares U.S. Technology ETF has a 1 year low of $124.32 and a 1 year high of $166.83. The firm has a market capitalization of $20.38 billion, a PE ratio of 38.84 and a beta of 1.43. The business has a 50 day simple moving average of $161.93 and a 200-day simple moving average of $154.90.
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).
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