iShares U.S. Technology ETF $IYW Position Raised by AdvisorShares Investments LLC

AdvisorShares Investments LLC increased its position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 12.1% during the 4th quarter, Holdings Channel.com reports. The firm owned 31,917 shares of the exchange traded fund’s stock after buying an additional 3,456 shares during the quarter. AdvisorShares Investments LLC’s holdings in iShares U.S. Technology ETF were worth $6,373,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Principal Financial Group Inc. increased its holdings in shares of iShares U.S. Technology ETF by 99.1% in the third quarter. Principal Financial Group Inc. now owns 107,427 shares of the exchange traded fund’s stock valued at $21,041,000 after buying an additional 53,466 shares in the last quarter. Compound Planning Inc. increased its holdings in shares of iShares U.S. Technology ETF by 10.7% in the third quarter. Compound Planning Inc. now owns 135,021 shares of the exchange traded fund’s stock valued at $26,445,000 after buying an additional 13,045 shares in the last quarter. Clear Creek Financial Management LLC increased its holdings in shares of iShares U.S. Technology ETF by 32.2% in the third quarter. Clear Creek Financial Management LLC now owns 11,842 shares of the exchange traded fund’s stock valued at $2,319,000 after buying an additional 2,882 shares in the last quarter. Bartlett & CO. Wealth Management LLC increased its holdings in shares of iShares U.S. Technology ETF by 20.6% in the fourth quarter. Bartlett & CO. Wealth Management LLC now owns 42,286 shares of the exchange traded fund’s stock valued at $8,444,000 after buying an additional 7,217 shares in the last quarter. Finally, ASL Financial LLC bought a new position in shares of iShares U.S. Technology ETF in the fourth quarter valued at $718,000. Institutional investors own 57.65% of the company’s stock.

iShares U.S. Technology ETF Stock Performance

NYSEARCA IYW opened at $252.92 on Friday. The stock has a market capitalization of $24.87 billion, a P/E ratio of 34.95 and a beta of 1.33. iShares U.S. Technology ETF has a 1 year low of $155.68 and a 1 year high of $254.27. The business’s fifty day moving average is $213.24 and its two-hundred day moving average is $202.60.

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). The Index measures the performance of the technology sector of the United States equity market, and includes companies in the industry groups, such as software and computer services and technology hardware and equipment.