6,948 Shares in iShares U.S. Technology ETF $IYW Acquired by Baer Investment Advisory LLC

Baer Investment Advisory LLC purchased a new stake in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 6,948 shares of the exchange traded fund’s stock, valued at approximately $1,260,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. CWA Asset Management Group LLC raised its holdings in shares of iShares U.S. Technology ETF by 0.7% in the 4th quarter. CWA Asset Management Group LLC now owns 6,955 shares of the exchange traded fund’s stock valued at $1,389,000 after purchasing an additional 50 shares in the last quarter. Lavaca Capital LLC grew its stake in shares of iShares U.S. Technology ETF by 1.0% during the fourth quarter. Lavaca Capital LLC now owns 6,059 shares of the exchange traded fund’s stock worth $1,210,000 after purchasing an additional 59 shares in the last quarter. Tiller Private Wealth Inc. increased its holdings in iShares U.S. Technology ETF by 3.2% in the fourth quarter. Tiller Private Wealth Inc. now owns 1,953 shares of the exchange traded fund’s stock valued at $390,000 after buying an additional 60 shares during the last quarter. Center For Asset Management LLC increased its holdings in iShares U.S. Technology ETF by 3.7% in the fourth quarter. Center For Asset Management LLC now owns 1,669 shares of the exchange traded fund’s stock valued at $333,000 after buying an additional 60 shares during the last quarter. Finally, Quadrant Private Wealth Management LLC raised its stake in iShares U.S. Technology ETF by 0.7% in the fourth quarter. Quadrant Private Wealth Management LLC now owns 8,531 shares of the exchange traded fund’s stock valued at $1,703,000 after buying an additional 60 shares in the last quarter. Institutional investors and hedge funds own 57.65% of the company’s stock.

iShares U.S. Technology ETF Price Performance

Shares of NYSEARCA IYW opened at $243.48 on Friday. The company has a market capitalization of $24.52 billion, a price-to-earnings ratio of 34.95 and a beta of 1.35. The business has a 50-day moving average of $240.99 and a two-hundred day moving average of $211.12. iShares U.S. Technology ETF has a 1 year low of $172.54 and a 1 year high of $261.01.

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.