Victory Financial Group LLC Makes New Investment in iShares U.S. Technology ETF $IYW

Victory Financial Group LLC purchased a new position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 6,100 shares of the exchange traded fund’s stock, valued at approximately $1,218,000.

Several other hedge funds also recently modified their holdings of the business. Counterweight Ventures LLC raised its stake in iShares U.S. Technology ETF by 1.4% during the 4th quarter. Counterweight Ventures LLC now owns 26,393 shares of the exchange traded fund’s stock valued at $5,270,000 after purchasing an additional 374 shares during the last quarter. Lodestone Wealth Management LLC bought a new stake in iShares U.S. Technology ETF in the 4th quarter valued at $62,000. Three Seasons Wealth LLC grew its position in iShares U.S. Technology ETF by 7.0% in the 4th quarter. Three Seasons Wealth LLC now owns 49,065 shares of the exchange traded fund’s stock worth $9,797,000 after purchasing an additional 3,205 shares during the last quarter. Silver Oak Securities Incorporated grew its position in iShares U.S. Technology ETF by 14.3% in the 4th quarter. Silver Oak Securities Incorporated now owns 13,258 shares of the exchange traded fund’s stock worth $2,672,000 after purchasing an additional 1,660 shares during the last quarter. Finally, Polaris Investment Advisors LLC bought a new position in shares of iShares U.S. Technology ETF during the 4th quarter worth about $401,000. 57.65% of the stock is owned by institutional investors.

iShares U.S. Technology ETF Stock Performance

Shares of IYW opened at $181.42 on Wednesday. The company has a 50-day simple moving average of $191.47 and a 200-day simple moving average of $196.47. The firm has a market capitalization of $18.99 billion, a P/E ratio of 34.95 and a beta of 1.23. iShares U.S. Technology ETF has a 52 week low of $117.55 and a 52 week high of $211.98.

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). The Index measures the performance of the technology sector of the United States equity market, and includes companies in the industry groups, such as software and computer services and technology hardware and equipment.