Aspen Investment Management Inc Takes Position in iShares U.S. Technology ETF $IYW

Aspen Investment Management Inc purchased a new stake in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 3,200 shares of the exchange traded fund’s stock, valued at approximately $639,000.

A number of other hedge funds also recently made changes to their positions in IYW. Human Investing LLC raised its holdings in iShares U.S. Technology ETF by 2.7% during the third quarter. Human Investing LLC now owns 1,853 shares of the exchange traded fund’s stock worth $363,000 after purchasing an additional 49 shares in the last quarter. CWA Asset Management Group LLC raised its holdings in iShares U.S. Technology ETF by 0.7% during the fourth quarter. CWA Asset Management Group LLC now owns 6,955 shares of the exchange traded fund’s stock worth $1,389,000 after purchasing an additional 50 shares in the last quarter. Howard Capital Management Inc. raised its holdings in iShares U.S. Technology ETF by 1.0% during the third quarter. Howard Capital Management Inc. now owns 5,403 shares of the exchange traded fund’s stock worth $1,058,000 after purchasing an additional 54 shares in the last quarter. Tiller Private Wealth Inc. raised its holdings in iShares U.S. Technology ETF by 3.2% during the fourth quarter. Tiller Private Wealth Inc. now owns 1,953 shares of the exchange traded fund’s stock worth $390,000 after purchasing an additional 60 shares in the last quarter. Finally, Center For Asset Management LLC raised its holdings in iShares U.S. Technology ETF by 3.7% during the fourth quarter. Center For Asset Management LLC now owns 1,669 shares of the exchange traded fund’s stock worth $333,000 after purchasing an additional 60 shares in the last quarter. Institutional investors own 57.65% of the company’s stock.

iShares U.S. Technology ETF Price Performance

Shares of NYSEARCA:IYW opened at $239.33 on Thursday. iShares U.S. Technology ETF has a 12 month low of $154.02 and a 12 month high of $243.69. The stock has a market cap of $23.54 billion, a price-to-earnings ratio of 34.95 and a beta of 1.33. The stock’s 50 day moving average price is $205.45 and its 200 day moving average price is $200.54.

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). 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.