Maxwell Wealth Strategies Inc. Buys 877 Shares of iShares U.S. Technology ETF (NYSEARCA:IYW)

Maxwell Wealth Strategies Inc. raised its stake in iShares U.S. Technology ETF (NYSEARCA:IYW) by 3.0% during the fourth quarter, HoldingsChannel.com reports. The fund owned 30,400 shares of the exchange traded fund’s stock after purchasing an additional 877 shares during the quarter. iShares U.S. Technology ETF comprises approximately 2.0% of Maxwell Wealth Strategies Inc.’s holdings, making the stock its 12th biggest position. Maxwell Wealth Strategies Inc.’s holdings in iShares U.S. Technology ETF were worth $4,849,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Brooklyn Investment Group increased its position in iShares U.S. Technology ETF by 84.3% in the fourth quarter. Brooklyn Investment Group now owns 199 shares of the exchange traded fund’s stock worth $32,000 after purchasing an additional 91 shares during the last quarter. Headlands Technologies LLC bought a new stake in shares of iShares U.S. Technology ETF in the 4th quarter worth about $40,000. Avion Wealth bought a new stake in shares of iShares U.S. Technology ETF in the 4th quarter worth about $47,000. SRS Capital Advisors Inc. raised its position in shares of iShares U.S. Technology ETF by 43.7% during the 4th quarter. SRS Capital Advisors Inc. now owns 296 shares of the exchange traded fund’s stock valued at $47,000 after buying an additional 90 shares in the last quarter. Finally, Atala Financial Inc bought a new position in shares of iShares U.S. Technology ETF in the 4th quarter valued at about $52,000.

iShares U.S. Technology ETF Price Performance

Shares of NYSEARCA IYW opened at $122.57 on Wednesday. iShares U.S. Technology ETF has a 1-year low of $117.55 and a 1-year high of $167.30. The business’s 50 day moving average is $150.51 and its two-hundred day moving average is $155.67. The stock has a market capitalization of $15.28 billion, a P/E ratio of 31.74 and a beta of 1.22.

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).