WealthTrak Capital Management LLC Makes New $509,000 Investment in iShares U.S. Technology ETF (NYSEARCA:IYW)

WealthTrak Capital Management LLC purchased a new stake in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 3,189 shares of the exchange traded fund’s stock, valued at approximately $509,000.

Other hedge funds have also modified their holdings of the company. Howard Capital Management Group LLC raised its position in iShares U.S. Technology ETF by 1.1% during the third quarter. Howard Capital Management Group LLC now owns 208,920 shares of the exchange traded fund’s stock valued at $31,677,000 after acquiring an additional 2,312 shares in the last quarter. Citigroup Inc. increased its stake in shares of iShares U.S. Technology ETF by 84.1% during the 3rd quarter. Citigroup Inc. now owns 49,610 shares of the exchange traded fund’s stock worth $7,522,000 after purchasing an additional 22,667 shares during the last quarter. Cerity Partners LLC raised its holdings in shares of iShares U.S. Technology ETF by 35.3% during the 3rd quarter. Cerity Partners LLC now owns 31,642 shares of the exchange traded fund’s stock valued at $4,797,000 after purchasing an additional 8,262 shares in the last quarter. Brown Brothers Harriman & Co. lifted its stake in shares of iShares U.S. Technology ETF by 81.7% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 545 shares of the exchange traded fund’s stock valued at $83,000 after purchasing an additional 245 shares during the last quarter. Finally, Bank of Montreal Can boosted its holdings in iShares U.S. Technology ETF by 2.0% in the third quarter. Bank of Montreal Can now owns 106,630 shares of the exchange traded fund’s stock worth $16,102,000 after purchasing an additional 2,041 shares in the last quarter.

iShares U.S. Technology ETF Price Performance

iShares U.S. Technology ETF stock opened at $140.66 on Friday. iShares U.S. Technology ETF has a one year low of $124.32 and a one year high of $167.30. The company’s fifty day moving average price is $155.45 and its two-hundred day moving average price is $156.42. The company has a market capitalization of $17.55 billion, a price-to-earnings ratio of 33.00 and a beta of 1.16.

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).