Gallagher Capital Advisors LLC Invests $4.27 Million in iShares U.S. Technology ETF (NYSEARCA:IYW)

Gallagher Capital Advisors LLC purchased a new stake in iShares U.S. Technology ETF (NYSEARCA:IYW) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 26,737 shares of the exchange traded fund’s stock, valued at approximately $4,265,000. iShares U.S. Technology ETF makes up 3.1% of Gallagher Capital Advisors LLC’s investment portfolio, making the stock its 10th largest holding.

Several other institutional investors also recently bought and sold shares of IYW. Mainstream Capital Management LLC lifted its position in shares of iShares U.S. Technology ETF by 1.3% during the 4th quarter. Mainstream Capital Management LLC now owns 4,945 shares of the exchange traded fund’s stock valued at $789,000 after buying an additional 63 shares in the last quarter. Great Valley Advisor Group Inc. raised its position in iShares U.S. Technology ETF by 1.9% during the third quarter. Great Valley Advisor Group Inc. now owns 3,963 shares of the exchange traded fund’s stock worth $600,000 after acquiring an additional 73 shares during the period. XML Financial LLC lifted its holdings in iShares U.S. Technology ETF by 1.7% during the fourth quarter. XML Financial LLC now owns 4,396 shares of the exchange traded fund’s stock valued at $701,000 after purchasing an additional 73 shares in the last quarter. Planning Directions Inc. grew its position in shares of iShares U.S. Technology ETF by 4.3% in the third quarter. Planning Directions Inc. now owns 1,945 shares of the exchange traded fund’s stock valued at $295,000 after purchasing an additional 81 shares during the period. Finally, Nicolet Advisory Services LLC increased its stake in shares of iShares U.S. Technology ETF by 2.9% during the third quarter. Nicolet Advisory Services LLC now owns 2,909 shares of the exchange traded fund’s stock worth $436,000 after purchasing an additional 81 shares in the last quarter.

iShares U.S. Technology ETF Trading Up 1.1 %

Shares of iShares U.S. Technology ETF stock opened at $149.09 on Monday. iShares U.S. Technology ETF has a twelve month low of $124.32 and a twelve month high of $167.30. The firm has a market capitalization of $18.73 billion, a PE ratio of 35.73 and a beta of 1.14. The firm’s 50-day moving average price is $159.93 and its 200 day moving average price is $156.54.

About iShares U.S. Technology ETF

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).