iShares U.S. Technology ETF (NYSEARCA:IYW) Shares Purchased by Beacon Financial Group

Beacon Financial Group raised its stake in iShares U.S. Technology ETF (NYSEARCA:IYW) by 2.7% during the 4th quarter, HoldingsChannel reports. The firm owned 42,767 shares of the exchange traded fund’s stock after acquiring an additional 1,136 shares during the quarter. Beacon Financial Group’s holdings in iShares U.S. Technology ETF were worth $6,822,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. New Republic Capital LLC grew its stake in shares of iShares U.S. Technology ETF by 4.4% in the fourth quarter. New Republic Capital LLC now owns 1,925 shares of the exchange traded fund’s stock valued at $307,000 after buying an additional 82 shares in the last quarter. Collier Financial purchased a new position in iShares U.S. Technology ETF in the 4th quarter worth approximately $2,509,000. Latitude Advisors LLC grew its position in iShares U.S. Technology ETF by 130.3% in the fourth quarter. Latitude Advisors LLC now owns 7,035 shares of the exchange traded fund’s stock valued at $1,122,000 after acquiring an additional 3,980 shares in the last quarter. Sovran Advisors LLC purchased a new stake in shares of iShares U.S. Technology ETF during the fourth quarter valued at approximately $4,853,000. Finally, Bonfire Financial acquired a new position in shares of iShares U.S. Technology ETF during the fourth quarter worth $226,000.

iShares U.S. Technology ETF Trading Down 0.0 %

Shares of IYW stock opened at $162.63 on Wednesday. The firm has a fifty day simple moving average of $161.97 and a 200-day simple moving average of $154.52. The company has a market capitalization of $19.98 billion, a PE ratio of 38.84 and a beta of 1.43. iShares U.S. Technology ETF has a twelve month low of $124.32 and a twelve month high of $166.83.

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).