W Advisors LLC Acquires 296 Shares of iShares U.S. Technology ETF (NYSEARCA:IYW)

W Advisors LLC boosted its stake in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 1.9% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 15,980 shares of the exchange traded fund’s stock after acquiring an additional 296 shares during the quarter. iShares U.S. Technology ETF comprises about 1.6% of W Advisors LLC’s investment portfolio, making the stock its 16th biggest position. W Advisors LLC’s holdings in iShares U.S. Technology ETF were worth $2,549,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Phillips Financial Management LLC boosted its stake in shares of iShares U.S. Technology ETF by 1,545.5% during the 3rd quarter. Phillips Financial Management LLC now owns 181 shares of the exchange traded fund’s stock worth $27,000 after purchasing an additional 170 shares during the period. Brooklyn Investment Group lifted 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 during the last quarter. Activest Wealth Management purchased a new position in shares of iShares U.S. Technology ETF during the third quarter valued at approximately $52,000. Legacy Investment Solutions LLC bought a new position in shares of iShares U.S. Technology ETF during the third quarter valued at approximately $63,000. Finally, PSI Advisors LLC raised its holdings in shares of iShares U.S. Technology ETF by 36.2% in the fourth quarter. PSI Advisors LLC now owns 463 shares of the exchange traded fund’s stock worth $74,000 after buying an additional 123 shares during the period.

iShares U.S. Technology ETF Stock Down 4.6 %

Shares of iShares U.S. Technology ETF stock opened at $157.13 on Tuesday. The stock’s fifty day moving average is $161.63 and its two-hundred day moving average is $153.69. iShares U.S. Technology ETF has a 52 week low of $124.32 and a 52 week high of $166.83. The company has a market capitalization of $19.30 billion, a PE ratio of 38.84 and a beta of 1.43.

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).