Bonfire Financial Takes $226,000 Position in iShares U.S. Technology ETF (NYSEARCA:IYW)

Bonfire Financial purchased a new position in iShares U.S. Technology ETF (NYSEARCA:IYW) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 1,414 shares of the exchange traded fund’s stock, valued at approximately $226,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Phillips Financial Management LLC increased its position in shares of iShares U.S. Technology ETF by 1,545.5% during the third quarter. Phillips Financial Management LLC now owns 181 shares of the exchange traded fund’s stock worth $27,000 after acquiring an additional 170 shares during the period. Brooklyn Investment Group grew its stake in iShares U.S. Technology ETF by 84.3% in the fourth quarter. Brooklyn Investment Group now owns 199 shares of the exchange traded fund’s stock worth $32,000 after purchasing an additional 91 shares in the last quarter. Activest Wealth Management purchased a new position in iShares U.S. Technology ETF during the 3rd quarter worth $52,000. China Universal Asset Management Co. Ltd. raised its position in iShares U.S. Technology ETF by 37,900.0% during the 4th quarter. China Universal Asset Management Co. Ltd. now owns 380 shares of the exchange traded fund’s stock valued at $61,000 after purchasing an additional 379 shares in the last quarter. Finally, Legacy Investment Solutions LLC purchased a new stake in shares of iShares U.S. Technology ETF in the 3rd quarter worth $63,000.

iShares U.S. Technology ETF Trading Up 1.4 %

IYW opened at $162.66 on Tuesday. The business’s fifty day simple moving average is $161.96 and its 200-day simple moving average is $154.40. The company has a market capitalization of $19.98 billion, a price-to-earnings ratio of 38.84 and a beta of 1.43. iShares U.S. Technology ETF has a 12-month low of $124.32 and a 12-month high of $166.83.

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).