iShares U.S. Technology ETF $IYW Shares Purchased by WCG Wealth Advisors LLC

WCG Wealth Advisors LLC boosted its holdings in iShares U.S. Technology ETF (NYSEARCA:IYW) by 85.6% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 88,669 shares of the exchange traded fund’s stock after acquiring an additional 40,903 shares during the period. WCG Wealth Advisors LLC’s holdings in iShares U.S. Technology ETF were worth $17,705,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Triumph Capital Management acquired a new stake in iShares U.S. Technology ETF in the 3rd quarter valued at about $28,000. Hantz Financial Services Inc. acquired a new stake in iShares U.S. Technology ETF in the 3rd quarter valued at about $31,000. Kingdom Financial Group LLC. acquired a new stake in iShares U.S. Technology ETF in the 4th quarter valued at about $32,000. Collier Financial acquired a new stake in iShares U.S. Technology ETF in the 3rd quarter valued at about $37,000. Finally, Beacon Financial Strategies CORP acquired a new stake in iShares U.S. Technology ETF in the 4th quarter valued at about $41,000. 57.65% of the stock is owned by institutional investors and hedge funds.

iShares U.S. Technology ETF Price Performance

iShares U.S. Technology ETF stock opened at $257.56 on Thursday. iShares U.S. Technology ETF has a 12-month low of $161.13 and a 12-month high of $261.01. The stock has a market capitalization of $25.33 billion, a P/E ratio of 34.95 and a beta of 1.33. The firm’s 50-day moving average is $217.55 and its two-hundred day moving average is $203.79.

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.