Crown Wealth Group LLC Purchases 4,844 Shares of iShares U.S. Technology ETF (NYSEARCA:IYW)

Crown Wealth Group LLC increased its holdings in iShares U.S. Technology ETF (NYSEARCA:IYW) by 15.3% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 36,432 shares of the exchange traded fund’s stock after purchasing an additional 4,844 shares during the quarter. iShares U.S. Technology ETF accounts for about 2.4% of Crown Wealth Group LLC’s holdings, making the stock its 12th biggest holding. Crown Wealth Group LLC’s holdings in iShares U.S. Technology ETF were worth $5,812,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. FMR LLC increased its position in iShares U.S. Technology ETF by 11.0% during the 3rd quarter. FMR LLC now owns 62,648 shares of the exchange traded fund’s stock valued at $9,499,000 after buying an additional 6,225 shares in the last quarter. Natixis Advisors LLC increased its holdings in shares of iShares U.S. Technology ETF by 28.1% in the third quarter. Natixis Advisors LLC now owns 16,136 shares of the exchange traded fund’s stock valued at $2,447,000 after purchasing an additional 3,539 shares during the period. Great Valley Advisor Group Inc. raised its stake in shares of iShares U.S. Technology ETF by 1.9% in the third quarter. Great Valley Advisor Group Inc. now owns 3,963 shares of the exchange traded fund’s stock worth $600,000 after purchasing an additional 73 shares during the last quarter. Brown Brothers Harriman & Co. lifted its holdings in shares of iShares U.S. Technology ETF by 81.7% during the third quarter. Brown Brothers Harriman & Co. now owns 545 shares of the exchange traded fund’s stock worth $83,000 after purchasing an additional 245 shares during the period. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors boosted its position in iShares U.S. Technology ETF by 21.4% in the third quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 1,875 shares of the exchange traded fund’s stock valued at $284,000 after buying an additional 330 shares during the last quarter.

iShares U.S. Technology ETF Price Performance

IYW stock opened at $157.93 on Thursday. The company has a market capitalization of $19.84 billion, a P/E ratio of 35.73 and a beta of 1.14. iShares U.S. Technology ETF has a 12 month low of $124.32 and a 12 month high of $167.30. The firm’s fifty day simple moving average is $161.71 and its 200-day simple moving average is $156.27.

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).