Rossby Financial LCC Purchases Shares of 7,496 iShares U.S. Technology ETF (NYSEARCA:IYW)

Rossby Financial LCC bought a new position in iShares U.S. Technology ETF (NYSEARCA:IYW) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 7,496 shares of the exchange traded fund’s stock, valued at approximately $1,196,000. iShares U.S. Technology ETF makes up 0.7% of Rossby Financial LCC’s holdings, making the stock its 27th largest position.

Other hedge funds also recently made changes to their positions in the company. Howard Capital Management Group LLC raised its stake 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 purchasing an additional 2,312 shares in the last quarter. Barclays PLC grew its position in iShares U.S. Technology ETF by 192.7% in the third quarter. Barclays PLC now owns 15,437 shares of the exchange traded fund’s stock worth $2,340,000 after acquiring an additional 10,163 shares in the last quarter. TD Private Client Wealth LLC increased its stake in iShares U.S. Technology ETF by 6.5% during the third quarter. TD Private Client Wealth LLC now owns 2,995 shares of the exchange traded fund’s stock worth $454,000 after acquiring an additional 184 shares during the last quarter. Westside Investment Management Inc. raised its position in iShares U.S. Technology ETF by 1.7% during the third quarter. Westside Investment Management Inc. now owns 6,901 shares of the exchange traded fund’s stock valued at $1,033,000 after purchasing an additional 116 shares during the period. Finally, Fulcrum Equity Management lifted its stake in shares of iShares U.S. Technology ETF by 5.1% in the 3rd quarter. Fulcrum Equity Management now owns 7,012 shares of the exchange traded fund’s stock valued at $1,063,000 after purchasing an additional 340 shares during the last quarter.

iShares U.S. Technology ETF Stock Performance

NYSEARCA IYW opened at $135.70 on Monday. The company has a market cap of $16.92 billion, a P/E ratio of 31.74 and a beta of 1.22. The business’s 50 day moving average price is $148.70 and its 200-day moving average price is $155.28. iShares U.S. Technology ETF has a fifty-two week low of $117.55 and a fifty-two week high of $167.30.

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).