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

Bonfire Financial acquired a new stake in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 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. AQR Capital Management LLC purchased a new position in shares of iShares U.S. Technology ETF in the 2nd quarter worth approximately $342,000. Valeo Financial Advisors LLC boosted its stake in iShares U.S. Technology ETF by 9.9% in the third quarter. Valeo Financial Advisors LLC now owns 3,861 shares of the exchange traded fund’s stock valued at $585,000 after acquiring an additional 348 shares in the last quarter. Sound Income Strategies LLC grew its holdings in iShares U.S. Technology ETF by 3.5% in the third quarter. Sound Income Strategies LLC now owns 2,752 shares of the exchange traded fund’s stock worth $417,000 after purchasing an additional 94 shares during the last quarter. Armstrong Advisory Group Inc. acquired a new position in shares of iShares U.S. Technology ETF during the third quarter worth $98,000. Finally, Accelerate Investment Advisors LLC purchased a new stake in shares of iShares U.S. Technology ETF during the 3rd quarter valued at $466,000.

iShares U.S. Technology ETF Price Performance

iShares U.S. Technology ETF stock opened at $162.66 on Tuesday. iShares U.S. Technology ETF has a 1-year low of $124.32 and a 1-year high of $166.83. The business has a fifty day moving average price of $161.96 and a 200-day moving average price of $154.40. The stock 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 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).