Advisortrust Partners LLC Makes New Investment in iShares U.S. Technology ETF $IYW

Advisortrust Partners LLC purchased a new stake in iShares U.S. Technology ETF (NYSEARCA:IYW) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 61,218 shares of the exchange traded fund’s stock, valued at approximately $12,224,000. iShares U.S. Technology ETF accounts for about 5.4% of Advisortrust Partners LLC’s holdings, making the stock its 3rd largest position. Advisortrust Partners LLC owned 0.06% of iShares U.S. Technology ETF as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently made changes to their positions in the stock. Corient Private Wealth LLC increased its position in shares of iShares U.S. Technology ETF by 4.6% during the fourth quarter. Corient Private Wealth LLC now owns 93,752 shares of the exchange traded fund’s stock worth $18,721,000 after buying an additional 4,140 shares during the period. Hsbc Holdings PLC lifted its holdings in iShares U.S. Technology ETF by 3.4% in the fourth quarter. Hsbc Holdings PLC now owns 886,487 shares of the exchange traded fund’s stock valued at $177,014,000 after buying an additional 29,367 shares during the period. Compass Financial Group Inc. Ohio acquired a new position in iShares U.S. Technology ETF in the fourth quarter valued at $1,631,000. Pure Financial Advisors LLC bought a new stake in iShares U.S. Technology ETF during the fourth quarter valued at $221,000. Finally, hemming& Wealth Management Inc. bought a new stake in iShares U.S. Technology ETF during the fourth quarter valued at $8,634,000. 57.65% of the stock is currently owned by institutional investors.

iShares U.S. Technology ETF Stock Performance

IYW stock opened at $253.57 on Friday. iShares U.S. Technology ETF has a 1-year low of $162.98 and a 1-year high of $261.01. The stock has a 50-day moving average price of $232.73 and a 200-day moving average price of $208.07. The firm has a market cap of $24.94 billion, a PE ratio of 34.95 and a beta of 1.36.

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.