Marino Stram & Associates LLC Invests $217,000 in iShares U.S. Technology ETF (NYSEARCA:IYW)

Marino Stram & Associates LLC bought a new position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) in the fourth quarter, HoldingsChannel.com reports. The institutional investor bought 1,768 shares of the exchange traded fund’s stock, valued at approximately $217,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. RFG Advisory LLC increased its position in iShares U.S. Technology ETF by 10.2% during the 4th quarter. RFG Advisory LLC now owns 33,429 shares of the exchange traded fund’s stock worth $4,103,000 after purchasing an additional 3,095 shares in the last quarter. Financial Gravity Asset Management Inc. increased its position in iShares U.S. Technology ETF by 987.0% during the 3rd quarter. Financial Gravity Asset Management Inc. now owns 310,777 shares of the exchange traded fund’s stock worth $32,607,000 after purchasing an additional 282,186 shares in the last quarter. Occidental Asset Management LLC increased its position in iShares U.S. Technology ETF by 3.2% during the 4th quarter. Occidental Asset Management LLC now owns 5,709 shares of the exchange traded fund’s stock worth $701,000 after purchasing an additional 178 shares in the last quarter. West Wealth Group LLC increased its position in iShares U.S. Technology ETF by 27.5% during the 4th quarter. West Wealth Group LLC now owns 64,329 shares of the exchange traded fund’s stock worth $7,896,000 after purchasing an additional 13,881 shares in the last quarter. Finally, Day & Ennis LLC increased its position in iShares U.S. Technology ETF by 10.7% during the 4th quarter. Day & Ennis LLC now owns 43,020 shares of the exchange traded fund’s stock worth $5,281,000 after purchasing an additional 4,159 shares in the last quarter.

iShares U.S. Technology ETF Stock Performance

IYW opened at $131.38 on Wednesday. The firm has a 50 day moving average price of $133.55 and a 200 day moving average price of $122.78. The company has a market cap of $16.03 billion, a PE ratio of 40.59 and a beta of 1.39. iShares U.S. Technology ETF has a 1 year low of $88.64 and a 1 year high of $137.54.

About iShares U.S. Technology ETF

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).