Kingsview Wealth Management LLC Purchases 244 Shares of iShares U.S. Technology ETF (NYSEARCA:IYW)

Kingsview Wealth Management LLC boosted its position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 12.1% during the 4th quarter, HoldingsChannel.com reports. The firm owned 2,263 shares of the exchange traded fund’s stock after acquiring an additional 244 shares during the quarter. Kingsview Wealth Management LLC’s holdings in iShares U.S. Technology ETF were worth $361,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Phillips Financial Management LLC grew its stake in shares of iShares U.S. Technology ETF by 1,545.5% during the third quarter. Phillips Financial Management LLC now owns 181 shares of the exchange traded fund’s stock valued at $27,000 after buying an additional 170 shares during the last quarter. Brooklyn Investment Group grew its position in iShares U.S. Technology ETF by 84.3% in the 4th quarter. Brooklyn Investment Group now owns 199 shares of the exchange traded fund’s stock valued at $32,000 after acquiring an additional 91 shares during the last quarter. Activest Wealth Management purchased a new stake in iShares U.S. Technology ETF in the third quarter worth $52,000. China Universal Asset Management Co. Ltd. lifted its position in shares of iShares U.S. Technology ETF by 37,900.0% during the fourth quarter. China Universal Asset Management Co. Ltd. now owns 380 shares of the exchange traded fund’s stock worth $61,000 after purchasing an additional 379 shares during the last quarter. Finally, Legacy Investment Solutions LLC purchased a new stake in shares of iShares U.S. Technology ETF during the third quarter valued at $63,000.

iShares U.S. Technology ETF Price Performance

IYW stock opened at $165.00 on Friday. iShares U.S. Technology ETF has a 12 month low of $124.32 and a 12 month high of $166.83. The firm’s 50-day moving average is $161.92 and its 200 day moving average is $154.65. The company has a market capitalization of $20.27 billion, a PE 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).