iShares U.S. Technology ETF (NYSEARCA:IYW) Stake Raised by Thoroughbred Financial Services LLC

Thoroughbred Financial Services LLC increased its holdings in iShares U.S. Technology ETF (NYSEARCA:IYW) by 4.0% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 5,149 shares of the exchange traded fund’s stock after purchasing an additional 198 shares during the quarter. Thoroughbred Financial Services LLC’s holdings in iShares U.S. Technology ETF were worth $821,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently added to or reduced their stakes in IYW. LPL Financial LLC lifted its stake in shares of iShares U.S. Technology ETF by 23.7% in the 4th quarter. LPL Financial LLC now owns 5,111,322 shares of the exchange traded fund’s stock worth $815,358,000 after acquiring an additional 977,883 shares during the period. JPMorgan Chase & Co. lifted its stake in iShares U.S. Technology ETF by 10.1% during the fourth quarter. JPMorgan Chase & Co. now owns 3,420,965 shares of the exchange traded fund’s stock valued at $545,713,000 after purchasing an additional 314,689 shares during the last quarter. Raymond James Financial Inc. bought a new stake in iShares U.S. Technology ETF during the fourth quarter worth approximately $256,146,000. Dynasty Wealth Management LLC grew its position in iShares U.S. Technology ETF by 54.8% in the fourth quarter. Dynasty Wealth Management LLC now owns 1,404,039 shares of the exchange traded fund’s stock worth $223,972,000 after buying an additional 497,043 shares during the last quarter. Finally, Park Avenue Securities LLC increased its holdings in shares of iShares U.S. Technology ETF by 2.0% in the fourth quarter. Park Avenue Securities LLC now owns 931,780 shares of the exchange traded fund’s stock valued at $148,638,000 after buying an additional 18,382 shares in the last quarter.

iShares U.S. Technology ETF Stock Down 6.4 %

IYW opened at $124.50 on Friday. The firm has a market cap of $15.53 billion, a PE ratio of 31.74 and a beta of 1.22. The business has a fifty day simple moving average of $152.70 and a 200-day simple moving average of $156.19. iShares U.S. Technology ETF has a fifty-two week low of $124.25 and a fifty-two week high of $167.30.

iShares U.S. Technology ETF Company 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).