iShares U.S. Technology ETF (NYSEARCA:IYW) Shares Bought by JPMorgan Chase & Co.

JPMorgan Chase & Co. increased its position in iShares U.S. Technology ETF (NYSEARCA:IYW) by 10.1% during the fourth quarter, HoldingsChannel.com reports. The fund owned 3,420,965 shares of the exchange traded fund’s stock after acquiring an additional 314,689 shares during the quarter. JPMorgan Chase & Co.’s holdings in iShares U.S. Technology ETF were worth $545,713,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the company. Wells Financial Advisors INC grew its stake in iShares U.S. Technology ETF by 676.5% in the 4th quarter. Wells Financial Advisors INC now owns 1,025 shares of the exchange traded fund’s stock valued at $164,000 after acquiring an additional 893 shares during the last quarter. Tyler Stone Wealth Management acquired a new stake in shares of iShares U.S. Technology ETF in the fourth quarter valued at approximately $202,000. Ausdal Financial Partners Inc. increased its stake in shares of iShares U.S. Technology ETF by 37.5% during the 4th quarter. Ausdal Financial Partners Inc. now owns 3,242 shares of the exchange traded fund’s stock worth $517,000 after purchasing an additional 884 shares in the last quarter. Potentia Wealth acquired a new position in shares of iShares U.S. Technology ETF during the 4th quarter worth approximately $288,000. Finally, PKS Advisory Services LLC purchased a new stake in iShares U.S. Technology ETF in the 4th quarter valued at approximately $1,005,000.

iShares U.S. Technology ETF Stock Performance

Shares of NYSEARCA:IYW opened at $140.66 on Friday. The business’s fifty day moving average price is $155.45 and its two-hundred day moving average price is $156.52. The stock has a market cap of $17.55 billion, a PE ratio of 33.00 and a beta of 1.16. iShares U.S. Technology ETF has a one year low of $124.32 and a one year high of $167.30.

iShares U.S. Technology ETF 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).