Private Client Services LLC Boosts Stock Position in iShares U.S. Technology ETF (NYSEARCA:IYW)

Private Client Services LLC increased its position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 10.6% during the fourth quarter, HoldingsChannel.com reports. The fund owned 3,343 shares of the exchange traded fund’s stock after acquiring an additional 320 shares during the period. Private Client Services LLC’s holdings in iShares U.S. Technology ETF were worth $533,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of IYW. Magnus Financial Group LLC raised its stake in iShares U.S. Technology ETF by 0.6% during the third quarter. Magnus Financial Group LLC now owns 11,845 shares of the exchange traded fund’s stock valued at $1,796,000 after buying an additional 67 shares during the last quarter. Marino Stram & Associates LLC boosted its stake in iShares U.S. Technology ETF by 3.7% during the 3rd quarter. Marino Stram & Associates LLC now owns 1,902 shares of the exchange traded fund’s stock valued at $288,000 after purchasing an additional 67 shares during the last quarter. Investment Advisory Group LLC increased its holdings in shares of iShares U.S. Technology ETF by 1.0% in the 3rd quarter. Investment Advisory Group LLC now owns 7,583 shares of the exchange traded fund’s stock worth $1,150,000 after purchasing an additional 73 shares in the last quarter. Great Valley Advisor Group Inc. raised its stake in shares of iShares U.S. Technology ETF by 1.9% in the third quarter. Great Valley Advisor Group Inc. now owns 3,963 shares of the exchange traded fund’s stock worth $600,000 after purchasing an additional 73 shares during the last quarter. Finally, Saxony Capital Management LLC lifted its holdings in shares of iShares U.S. Technology ETF by 5.4% during the third quarter. Saxony Capital Management LLC now owns 1,473 shares of the exchange traded fund’s stock valued at $223,000 after purchasing an additional 76 shares in the last quarter.

iShares U.S. Technology ETF Price Performance

NYSEARCA IYW traded up $0.42 during trading hours on Wednesday, hitting $161.52. The company’s stock had a trading volume of 407,645 shares, compared to its average volume of 977,709. iShares U.S. Technology ETF has a 12 month low of $119.80 and a 12 month high of $166.47. The company’s 50 day simple moving average is $160.53 and its two-hundred day simple moving average is $152.97. The company has a market cap of $19.84 billion, a P/E ratio of 38.84 and a beta of 1.43.

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).