True North Advisors LLC Buys New Position in iShares U.S. Technology ETF $IYW

True North Advisors LLC purchased a new position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 2,420 shares of the exchange traded fund’s stock, valued at approximately $439,000.

Other institutional investors have also modified their holdings of the company. CWA Asset Management Group LLC grew its stake in iShares U.S. Technology ETF by 0.7% during the 4th quarter. CWA Asset Management Group LLC now owns 6,955 shares of the exchange traded fund’s stock valued at $1,389,000 after purchasing an additional 50 shares in the last quarter. Lavaca Capital LLC boosted its stake in shares of iShares U.S. Technology ETF by 1.0% during the 4th quarter. Lavaca Capital LLC now owns 6,059 shares of the exchange traded fund’s stock valued at $1,210,000 after buying an additional 59 shares during the last quarter. Tiller Private Wealth Inc. grew its position in shares of iShares U.S. Technology ETF by 3.2% during the fourth quarter. Tiller Private Wealth Inc. now owns 1,953 shares of the exchange traded fund’s stock worth $390,000 after buying an additional 60 shares in the last quarter. Center For Asset Management LLC grew its position in shares of iShares U.S. Technology ETF by 3.7% during the fourth quarter. Center For Asset Management LLC now owns 1,669 shares of the exchange traded fund’s stock worth $333,000 after buying an additional 60 shares in the last quarter. Finally, Quadrant Private Wealth Management LLC increased its stake in shares of iShares U.S. Technology ETF by 0.7% in the fourth quarter. Quadrant Private Wealth Management LLC now owns 8,531 shares of the exchange traded fund’s stock worth $1,703,000 after buying an additional 60 shares during the last quarter. Institutional investors and hedge funds own 57.65% of the company’s stock.

iShares U.S. Technology ETF Price Performance

NYSEARCA IYW opened at $239.24 on Monday. iShares U.S. Technology ETF has a 12 month low of $172.54 and a 12 month high of $261.01. The company has a market capitalization of $24.06 billion, a price-to-earnings ratio of 34.95 and a beta of 1.35. The company’s fifty day moving average price is $245.67 and its two-hundred day moving average price is $214.46.

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.