3,456 Shares in iShares U.S. Technology ETF (NYSEARCA:IYW) Purchased by Michels Family Financial LLC

Michels Family Financial LLC purchased a new position in iShares U.S. Technology ETF (NYSEARCA:IYW) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 3,456 shares of the exchange traded fund’s stock, valued at approximately $551,000.

Several other institutional investors have also modified their holdings of IYW. Raymond James Financial Inc. acquired a new position in shares of iShares U.S. Technology ETF in the fourth quarter worth about $256,146,000. LPL Financial LLC increased its holdings in iShares U.S. Technology ETF by 23.7% in the fourth quarter. LPL Financial LLC now owns 5,111,322 shares of the exchange traded fund’s stock valued at $815,358,000 after buying an additional 977,883 shares during the last quarter. Hsbc Holdings PLC increased its holdings in iShares U.S. Technology ETF by 682.9% in the fourth quarter. Hsbc Holdings PLC now owns 763,232 shares of the exchange traded fund’s stock valued at $121,751,000 after buying an additional 665,749 shares during the last quarter. Sagespring Wealth Partners LLC bought a new stake in iShares U.S. Technology ETF in the fourth quarter valued at about $90,236,000. Finally, Dynasty Wealth Management LLC increased its holdings in iShares U.S. Technology ETF by 54.8% in the fourth quarter. Dynasty Wealth Management LLC now owns 1,404,039 shares of the exchange traded fund’s stock valued at $223,972,000 after buying an additional 497,043 shares during the last quarter.

iShares U.S. Technology ETF Stock Down 1.2%

Shares of iShares U.S. Technology ETF stock opened at $155.14 on Friday. The firm has a market cap of $19.56 billion, a P/E ratio of 33.25 and a beta of 1.23. iShares U.S. Technology ETF has a fifty-two week low of $117.55 and a fifty-two week high of $167.30. The business has a 50-day moving average price of $143.08 and a 200 day moving average price of $153.75.

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).