ELCO Management Co. LLC Acquires 250 Shares of iShares U.S. Technology ETF (NYSEARCA:IYW)

ELCO Management Co. LLC boosted its holdings in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 7.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,410 shares of the exchange traded fund’s stock after acquiring an additional 250 shares during the quarter. ELCO Management Co. LLC’s holdings in iShares U.S. Technology ETF were worth $544,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in IYW. Brooklyn Investment Group raised its position in shares of iShares U.S. Technology ETF by 84.3% during the fourth quarter. Brooklyn Investment Group now owns 199 shares of the exchange traded fund’s stock worth $32,000 after acquiring an additional 91 shares during the last quarter. Headlands Technologies LLC bought a new stake in iShares U.S. Technology ETF in the fourth quarter valued at approximately $40,000. SRS Capital Advisors Inc. increased its position in iShares U.S. Technology ETF by 43.7% during the 4th quarter. SRS Capital Advisors Inc. now owns 296 shares of the exchange traded fund’s stock valued at $47,000 after purchasing an additional 90 shares during the period. Avion Wealth bought a new position in iShares U.S. Technology ETF during the 4th quarter worth approximately $47,000. Finally, Atala Financial Inc acquired a new position in shares of iShares U.S. Technology ETF in the 4th quarter worth approximately $52,000.

iShares U.S. Technology ETF Stock Performance

NYSEARCA:IYW opened at $122.57 on Wednesday. iShares U.S. Technology ETF has a 52 week low of $117.55 and a 52 week high of $167.30. The firm’s fifty day moving average is $150.51 and its 200-day moving average is $155.67. The firm has a market cap of $15.28 billion, a P/E ratio of 31.74 and a beta of 1.22.

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).