iShares U.S. Technology ETF $IYW Shares Bought by Focus Partners Advisor Solutions LLC

Focus Partners Advisor Solutions LLC grew its position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 158.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 9,888 shares of the exchange traded fund’s stock after purchasing an additional 6,061 shares during the period. Focus Partners Advisor Solutions LLC’s holdings in iShares U.S. Technology ETF were worth $1,975,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in IYW. Triumph Capital Management acquired a new position in iShares U.S. Technology ETF during the third quarter worth $28,000. Hantz Financial Services Inc. acquired a new position in iShares U.S. Technology ETF during the third quarter worth $31,000. Kingdom Financial Group LLC. acquired a new position in iShares U.S. Technology ETF during the fourth quarter worth $32,000. Beacon Financial Strategies CORP acquired a new position in iShares U.S. Technology ETF during the fourth quarter worth $41,000. Finally, Flagship Harbor Advisors LLC acquired a new position in iShares U.S. Technology ETF during the fourth quarter worth $44,000. 57.65% of the stock is currently owned by institutional investors and hedge funds.

iShares U.S. Technology ETF Trading Down 2.4%

iShares U.S. Technology ETF stock opened at $235.40 on Thursday. iShares U.S. Technology ETF has a twelve month low of $162.80 and a twelve month high of $261.01. The stock’s fifty day simple moving average is $223.93 and its 200-day simple moving average is $205.52. The firm has a market capitalization of $23.15 billion, a P/E 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.